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GoPro reports 8% revenue decline for 4Q, full year Earnings reports News 

GoPro reports 8% revenue decline for 4Q, full year

GoPro, Inc. announced financial results for its fourth quarter and full year ended Dec. 31, 2023. In both periods, the company showed an 8% decline in revenues, despite a double-digit percentage increase in subscriber revenue. For the fourth quarter of 2023, GoPro’s revenue was $295 million, down 8% year-over-year, but subscription and service revenue increased 13% year-over-year to $25 million.... Read More
GoPro releases macOS desktop version of Quik app, launches $99 Premium service New Products Updates 

GoPro releases macOS desktop version of Quik app, launches $99 Premium service

GoPro announced the initial release of a macOS desktop version of its popular mobile app, Quik. GoPro also announced a new Premium+ $99.99 GoPro subscription tier offering additional features and benefits beyond the original $49.99 GoPro subscription tier, now known as “Premium.” The Quik desktop app, available at no additional charge to GoPro subscribers, syncs with the Quik mobile app. Quik’s auto highlight editing... Read More
GoPro to acquire Forcite, maker of tech-enabled helmets Acquisitions News 

GoPro to acquire Forcite, maker of tech-enabled helmets

GoPro, Inc. announced an agreement to acquire Forcite Helmet Systems, a pioneer in embedding technology into helmets. GoPro intends to accelerate Forcite’s vision to provide tech-enabled motorcycle helmets with the long-term goal of tech-enabling other categories of helmets over time. GoPro’s acquisition of Forcite is expected to close in Q1 of 2024, subject to customary closing conditions. GoPro will share... Read More
GoPro reports third-quarter revenue of $294 million Earnings reports News 

GoPro reports third-quarter revenue of $294 million

GoPro, Inc. announced third-quarter revenue of $294 million, down 4% from last year, while the quarterly net loss was $4 million, compared to $18 million in net income. GoPro subscriber count ended Q3 at 2.5 million, up 20% year-over-year. “GoPro had a strong third quarter, demonstrating the merits of the growth strategy we initiated in May,” said Nicholas Woodman, GoPro’s founder... Read More
GoPro’s opens ultimate Point of View (POV) awards challenge Events News 

GoPro’s opens ultimate Point of View (POV) awards challenge

GoPro announced submissions are open for the GoPro Awards Ultimate POV Challenge. The new awards challenge gives customers the chance to earn a share of a $50,000 cash award and an opportunity to be featured on GoPro’s social channels by submitting a most unique, most immersive first-person photos and videos. GoPro will reward select content with cash payouts through the... Read More
GoPro reports $241 million second-quarter revenue, subscriptions up Earnings reports News 

GoPro reports $241 million second-quarter revenue, subscriptions up

GoPro, Inc. announced financial results for its second quarter ended June 30, 2023. For the quarter, revenue was $241 million, which was 10% above guidance and but down 4% year-over-year. GoPro subscriber count ended the quarter at approximately 2.44 million, up 27% year-over-year. Revenue from the retail channel was $165 million, up 6% year-over-year. GoPro.com revenue, including subscription and service revenue, was... Read More
GoPro second-quarter income up slightly News 

GoPro second-quarter income up slightly

GoPro, Inc. reported second-quarter revenue was up slightly or the period ended June 30, 2022. Revenue was $251 million, up slightly year-over-year from $250 million, with a strong U.S. dollar unfavorably impacting Q2 revenue by approximately $8 million year-over-year, the company said. GoPro.com revenue, including subscription and service revenue, increased 9% year-over-year to $95 million, or 38% of total revenue.... Read More
GoPro announces third-quarter revenue up 13% Earnings reports News 

GoPro announces third-quarter revenue up 13%

GoPro, Inc. announced third-quarter revenue for the quarter ended Sept. 30, 2021, was $317 million, up 13% year-over-year. GoPro.com subscription revenue increased 143% year-over-year to $14 million; the company has 1.34 million subscribers. “GoPro had an outstanding third quarter with strong revenue, earnings, margin, and cash flow growth that have led us to raise our margin and profitability outlook for... Read More
GoPro debuts HERO10 Black camera New Products 

GoPro debuts HERO10 Black camera

GoPro announced a new flagship camera, HERO10 Black, featuring the company’s new GP2 processor, capable of delivering 5.3K video at 60 frames per second, 4K video at 120 frames per second, and 2.7K video at 240 frames per second. The new processor also enables HyperSmooth 4.0 video stabilization. The HERO10 Black also takes 23-megapixel photos, has improved low-light performance, and... Read More
GoPro adds unlimited cloud storage to GoPro Quik app subscribers Updates 

GoPro adds unlimited cloud storage to GoPro Quik app subscribers

GoPro is adding unlimited cloud storage at no extra costs to the subscribers to the GoPro Quik app. The $9.99 a year service automatic video creation, premium themes, GoPro Original music, exclusive filters, and premium editing tools. Quik’s mural feature keeps favorite memories at the forefront and clears shots from a cluttered camera roll, whether the footage was captured on a... Read More
Amazon, GoPro file joint lawsuit against counterfeiters News 

Amazon, GoPro file joint lawsuit against counterfeiters

  Amazon.com, Inc. and GoPro, Inc. unsealed a jointly filed lawsuit against seven individuals and two entities for counterfeiting GoPro’s popular camera accessories, including the floating hand grip, “The Handler,” and the “3-Way” grip, extension arm, and tripod mount, according to a press release. The defendants attempted to offer the infringing products in Amazon’s store, violating Amazon’s policies, infringing on... Read More
GoPro announces open API for HERO9 cam, updates for Quik News 

GoPro announces open API for HERO9 cam, updates for Quik

GoPro announced “Open GoPro,” an open API initiative for third-party developers to integrate HERO9 Black into their own development efforts. Open GoPro is live for HERO9 Black starting today with the release of the camera firmware update v1.6 With Open GoPro, developers have API access to the following HERO9 Black features: Wireless Connectivity Camera Command and Control Camera Status Camera Preview SD Card Media Review and Transfer Demos and sample... Read More
GoPro announces fourth quarter, full year 2020 results Earnings reports 

GoPro announces fourth quarter, full year 2020 results

GoPro Inc. announced fourth-quarter and full-year results for year ended Dec. 31, 2020. The company posted fourth-quarter revenue of $358 million, a 28% increase from the previous quarter. For the full year, revenue was $892 million, down 25% from the $1.19 billion in 2019. “GoPro’s shift to a more subscription-centric consumer-direct model is resulting in a simpler, more profitable business... Read More
GoPro Labs firmware unlocks advanced GoPro camera features News Updates 

GoPro Labs firmware unlocks advanced GoPro camera features

GoPro announced its GoPro Labs special firmware program has released an update that unlocks innovative and experimental features for advanced users. The program supports HERO9 Black, HERO8 Black, HERO7 Black, and GoPro MAX devices. The new features include: Camera Motion Triggers: Leverage the camera’s accelerometer and/or gyroscope to start/stop capture only when the camera is in motion, preserving storage and battery. USB Power Triggers: Equips... Read More