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Stock impact report

GoPro Announces First Quarter Results [Yahoo! Finance]

GoPro, Inc. - Class A (GPRO) 
Last gopro, inc. - class a earnings: 2/5 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.gopro.com
Company Research Source: Yahoo! Finance
Subscription and Service Revenue was $26 million , up 12% Year-over-Year SAN MATEO, Calif. May 7, 2024 /PRNewswire/ -- GoPro, Inc. (NASDAQ: GPRO) announced financial results for its first quarter ended March 31, 2024 and posted management commentary, including forward-looking guidance, in the investor relations section of its website at https://investor.gopro.com "GoPro exceeded our revenue target in Q1, and we are making progress on our multi-year TAM expansion strategy, but it is taking more time than we anticipated," said Nicholas Woodman , GoPro's founder and CEO. "We believe our investments to grow our brand, retail presence and broader product line will restore growth and profitability over the long term. Patience is required, but our progress and product roadmap give us confidence." "Subscription and service revenue continues to grow and our Q1 aggregate annual subscriber retention rate of 69% was an all-time high," said Brian McGee , GoPro's CFO and COO. "Entering Q2, o Show less Read more
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