MarketWatch First Take: GoPro predicts profit, thanks to years of massive layoffs [MarketWatch]
GoPro, Inc. - Class A (GPRO)
Last gopro, inc. - class a earnings: 2/5 04:05 pm
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Source: MarketWatch
GoPro predicts profit, thanks to years of massive layoffs A previous version of this article included an incorrect employee count for GoPro Inc. as of the end of 2018. It has been updated. GoPro Inc. Chief Executive Nick Woodman sounded bullish Wednesday in forecasting a return to profitability in 2019 for the action-camera maker. “GoPro’s brand has never been stronger, our products never better,” Woodman told analysts. “And we are fired up for the year ahead.” GoPro announced earnings slightly above Wall Street’s expectations Wednesday afternoon, breaking a long streak of messing up the holiday quarter . Woodman said that the company plans to “capitalize on this momentum, expanding growth and profitability with a commitment to keeping operating expenses at or below $400 million.” But don’t get overexcited about GoPro’s GPRO, +3.50% future. Woodman’s last comment about its goal to keeping its operating expenses at or below $400 million is key, because it shows how he has accomplish
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News
- Action Camera Market To Reach USD 16.2 Billion By 2032, Report By DataHorizzon Research [Yahoo! Finance]Yahoo! Finance
- GoPro Announces First Quarter 2024 Earnings Webcast [Yahoo! Finance]Yahoo! Finance
- GoPro Announces First Quarter 2024 Earnings WebcastPR Newswire
- GoPro Mountain Games Outdoor Festival Set to Kick off Summer in Picturesque Vail, Colorado [Yahoo! Finance]Yahoo! Finance
- GoPro Mountain Games Outdoor Festival Set to Kick off Summer in Picturesque Vail, ColoradoPR Newswire
GPRO
Earnings
- 2/7/24 - Beat
GPRO
Sec Filings
- 4/12/24 - Form PRE
- 3/26/24 - Form 8-K
- 3/11/24 - Form SC
- GPRO's page on the SEC website