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Why Is GoPro (GPRO) Down 13.2% Since Last Earnings Report?
ZACKS· 2024-06-07 00:36
A month has gone by since the last earnings report for GoPro (GPRO) . Shares have lost about 13.2% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is GoPro due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. GoPro Reports Q1 Loss   GoPro reported first-quarter 2024 non-G ...
Where Will GoPro Stock Be in 5 Years?
The Motley Fool· 2024-06-06 19:45
Shares in this camera technology company are dirt cheap. But what will the future hold?With its shares down a stunning 96% since their initial public offering (IPO) in 2014, GoPro (GPRO -0.67%) has been a nightmare for early investors. Few would have seen this underperformance coming, considering the company's previously strong brand and the burgeoning online content creation industry that made its products relevant. Let's dig deeper to see what the next five years could have in store for this struggling ca ...
Has GoPro Hit a Subscription Wall? What Investors Need to Know Before Buying the Stock
fool.com· 2024-05-29 22:15
文章核心观点 - GoPro公司正试图扩大其产品的吸引力,同时建立订阅业务 [1][2] - GoPro相机主要针对冒险运动爱好者,但这个群体有限 [3] - 公司推出订阅服务以创造稳定的收入,初期增长迅速,但最近三个季度订阅数量基本持平 [4][5][7] - 公司正试图拓展产品线以吸引更多消费者,但这可能比较困难,因为大多数人已有手机拍照功能 [8][9] 公司概况 - GoPro是一家专注于制造运动相机的公司,产品主要面向极限运动爱好者 [3] - 公司试图从单一相机销售转向订阅服务,以创造稳定的收入 [4][5] - 订阅服务的续订率较高,表明产品能满足核心客户需求 [5] - 但最近三个季度订阅数量增长乏力,引发市场担忧 [7] 行业分析 - GoPro相机属于一个较为细分的市场,如何吸引更多普通消费者是公司面临的挑战 [8] - 公司正试图通过拓展产品线来增加市场覆盖面,但这可能比较困难 [8][9] - 如果公司不能成功拓展业务,保持独立经营可能会很困难 [9][10]
Is It Too Late to Buy GoPro Stock?
fool.com· 2024-05-20 19:00
The quick answer is no, but in order to buy GoPro stock you need to believe that the company's transition plan is going to work.Don't worry -- if you are looking at GoPro (GPRO -1.82%) stock, you have not missed the opportunity to buy.Its shares are down roughly 55% over the past year and over 95% from their high-water mark in 2015. With the stock now trading at around $1.70 each, there's plenty of time to buy in. You just have to believe that GoPro can broaden its business model and remain a stand-alone pu ...
Why GoPro (GPRO) International Revenue Trends Deserve Your Attention
Zacks Investment Research· 2024-05-13 23:56
Have you assessed how the international operations of GoPro (GPRO) performed in the quarter ended March 2024? For this action video camera maker, possessing an expansive global footprint, parsing the trends of international revenues could be critical to gauge its financial resilience and growth prospects.The global economy today is deeply interlinked, making a company's engagement with international markets a critical factor in determining its financial success and growth path. It has become essential for i ...
GoPro Announces Retail Expansion at Best Buy
Prnewswire· 2024-05-13 21:15
SAN MATEO, Calif., May 13, 2024 /PRNewswire/ -- Today, GoPro, Inc. (NASDAQ: GPRO) announced a large-scale merchandising rollout and sales program at Best Buy, one of the world's largest specialty consumer electronics retailers. The retail expansion combines the installation of completely redesigned world-class product displays, an assisted sales program, and in-store and digital marketing to deliver a complete GoPro experience to customers. GoPro cameras and accessories will be featured in new world-clas ...
Why GoPro Stock Plunged 17.7% This Week
The Motley Fool· 2024-05-11 04:24
The turnaround vision is getting harder and harder to see.GoPro's (GPRO -7.29%) turnaround isn't taking hold, and the company has once again seen its stock drop like a rock this week. According to data provided by S&P Global Market Intelligence, shares fell as much as 17.7% during the week and are down 16.7% at 3 p.m. ET on Friday.From bad to worseGoPro announced first-quarter earnings this week, and there wasn't a lot to like. Revenue fell 11% from a year ago to $155 million, generally accepted accounting ...
GoPro (GPRO) Reports Q1 Loss, Revenues Surpass Estimates
Zacks Investment Research· 2024-05-09 00:31
GoPro, Inc (GPRO) reported first-quarter 2024 non-GAAP loss of 21 cents per share, narrower than the Zacks Consensus Estimate of a loss of 24 cents. The company incurred a loss of 18 cents in the year-ago quarter.It generated revenues of $155.5 million, down 11% year over year. The top line beat the consensus mark by 5.6%.Revenue growth in the Retail business segment along with increasing subscriber base cushioned the top-line performance.Shares are up 3.3% in the pre-market trading on May 8. In the past ye ...
GoPro(GPRO) - 2024 Q1 - Earnings Call Transcript
2024-05-08 08:17
财务数据和关键指标变化 - 公司在Q1实现了155.5百万美元的收入,非GAAP毛利率为34.4%,非GAAP每股亏损0.21美元 [14] - 公司在Q1末拥有250万订阅用户,同比增长6% [14] 各条业务线数据和关键指标变化 - 公司的HERO相机业务面临来自竞争对手的价格折扣压力 [65][66] - 公司的360相机业务由于MAX相机产品线已有几年未更新,导致市场份额下降,但MAX 2的推出有望帮助公司重新占领市场 [67][68] 各个市场数据和关键指标变化 - 公司在欧洲市场的零售渠道销售同比增长超过50%,体现了公司的渠道拓展策略取得成效 [31] - 公司在中国市场面临本土品牌竞争和宏观经济环境的双重压力 [69] 公司战略和发展方向及行业竞争 - 公司正在通过拓展零售渠道、开发更多专业化产品以及提升软件服务能力,来扩大目标市场,成为全球领先的替代内容捕捉公司 [15][16][19][23] - 公司计划在2026年推出最广泛、最差异化的产品组合,包括从入门级到专业级的各类产品 [18][42] - 公司已完成收购澳大利亚头盔制造商Forcite,计划在2025年下半年推出首款摩托车头盔产品 [20][21] 管理层对经营环境和未来前景的评论 - 2024年公司的收入和利润增长将受到新产品推迟上市的负面影响,但2025年将是公司战略转型的第一个完整年度,有望实现收入和利润的改善 [41][42][45] - 公司相信通过耐心执行长期战略,最终将获得回报,成为全球领先的替代内容捕捉公司 [76] 问答环节重要的提问和回答 问题1 **提问** 新入门级相机推迟至第三季度推出的主要原因是什么,公司是何时意识到这一延迟,以及对其他产品线的影响有多大 [49][50] **回答** 公司希望确保新产品能够提供最高质量的用户体验,这是导致推迟的主要原因。公司对旗舰HERO相机的推出时间表保持信心,相信通过给予更多时间来确保产品质量,能够为客户带来更好的体验 [51][52][53][54] 问题2 **提问** 即使考虑到新产品推迟,公司的收入指引仍然较高且低于季节性,这主要是由于什么因素导致的,是否与消费者更换周期延长或新产品需求放缓有关 [56] **回答** 主要是由于宏观经济环境的影响,零售商报告收入呈现平或下滑,同时也在减少库存。不过公司在欧洲市场的渠道拓展取得成效,帮助抵消了这一影响。同时公司的订阅业务表现良好,用户粘性较高 [57][58][59][60] 问题3 **提问** 公司提到面临一些来自竞争对手的压力,能否进一步说明具体情况 [62] **回答** 主要体现在HERO相机业务面临来自竞争对手的价格折扣压力,以及公司的360相机产品线MAX已有几年未更新,导致市场份额下降。不过公司即将推出的新入门级相机和旗舰HERO相机以及MAX 2,有望帮助公司重新占领市场 [65][66][67][68][71][72][73]
GoPro (GPRO) Reports Q1 Loss, Tops Revenue Estimates
Zacks Investment Research· 2024-05-08 07:06
GoPro (GPRO) came out with a quarterly loss of $0.21 per share versus the Zacks Consensus Estimate of a loss of $0.24. This compares to loss of $0.18 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 12.50%. A quarter ago, it was expected that this action video camera maker would post earnings of $0.03 per share when it actually produced earnings of $0.02, delivering a surprise of -33.33%.Over the last four quarters, the company ...