GoPro, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024
May 07, 2024 at 04:05 pm EDT
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GoPro, Inc. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was USD 155.47 million compared to USD 174.72 million a year ago. Net loss was USD 339.09 million compared to USD 29.87 million a year ago.
Basic loss per share from continuing operations was USD 2.24 compared to USD 0.19 a year ago. Diluted loss per share from continuing operations was USD 2.24 compared to USD 0.19 a year ago.
GoPro, Inc. produces cameras, and mountable and wearable accessories. The Company offers a family of flagship cameras, including its cloud connected HERO12 Black, HERO11 Black, HERO11 Black Mini, HERO10 Black, HERO10 Black Bones, HERO9 Black, and MAX cameras. HERO12 Black is a waterproof camera, featuring a GP2 processor and HyperSmooth 6.0 image stabilization. MAX is a 360-degree waterproof camera featuring MAX HyperSmooth image stabilization, 360-degree MAX TimeWarp Video, MAX SuperView, PowerPano, audio, live streaming, voice control and a front facing touch display. Its subscription service offers full access to the video and photo editing features in the new Quik desktop app and Quik mobile app. It offers mobile, desktop and Web applications that provide a media workflow for archiving, editing, multi-clip story creation, and sharing content on the fly. It also offers a lifestyle gear lineup that melds its signature design and versatility across a line of bags, backpacks and cases.
GOPRO, INC. 
