GoPro Announces Second Quarter 2018 Results
GoPro, Inc. - Class A (GPRO)
Last gopro, inc. - class a earnings: 2/5 04:05 pm
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Source: PR Newswire
SAN MATEO, Calif., Aug. 2, 2018 /PRNewswire/ -- GoPro, Inc. (NASDAQ: GPRO) announced financial results for its second quarter ended June 30, 2018. "GoPro is executing," said founder and CEO Nicholas Woodman. "We are on track; sell-through is solid in all regions indicating strong demand, and we believe GoPro will be profitable in the second half of 2018. Our plan is to exit the year with an improved margin profile we believe translates into a profitable 2019."Recent GoPro HighlightsRevenue for Q2 2018 was $283 million, down 5% year-over-year and up 40% quarter-over-quarter. GAAP gross margin for the quarter was 29%, up from 22% in Q1 2018. Non-GAAP gross margin for the quarter was 31%, up from 24% in Q1 2018. Q2 2018 GAAP net loss of $37 million represents a 51% sequential improvement– resulting in a $0.27 loss per share and a non-GAAP net loss of $21 million, or $0.15 loss per share. Cash and investments totaled $140 million at the end of Q2 2018. Inventory de
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GPRO
Earnings
- 2/7/24 - Beat
GPRO
Sec Filings
- 4/23/24 - Form ARS
- 4/23/24 - Form DEFA14A
- 4/23/24 - Form DEF
- GPRO's page on the SEC website