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GoPro debuts HERO9 Black New Products 

GoPro debuts HERO9 Black

GoPro, Inc. announced its new camera, HERO9 Black featuring a new sensor delivering 5K video and 20-megapixel photos, next-generation video stabilization with in-camera horizon leveling, a new front-facing display, a larger rear display, 30% more battery life, and a Max Lens Mod accessory that brings Max HyperSmooth video stabilization and Max SuperView ultra-wide-angle photo and video to HERO9 Black. HERO9... Read More
GoPro launches live-streaming service for GoPro Plus subscribers New Products 

GoPro launches live-streaming service for GoPro Plus subscribers

GoPro, Inc. launched a high-quality live-streaming service, making it simple for GoPro Plus subscribers to live stream from their GoPro camera to GoPro.com. The company also released new firmware for HERO8 Black adding HyperSmooth 2.0 High and Boost to more video settings and includes official webcam support for macOS. Windows support for GoPro Webcam is now in beta and available... Read More
GoPro announces second-quarter revenues up 12% Earnings reports 

GoPro announces second-quarter revenues up 12%

GoPro, Inc. announced financial results for its second quarter ended June 30, with revenue up 12% of $134 million. Sales from GoPro.com grew to 44%. The company sold 750,000 units. Our strategic shift to a more direct-to-consumer business with lower operating costs is working,” said Nicholas Woodman, GoPro founder and CEO. “Camera sell-through during Q2 demonstrates resilient consumer demand for GoPro and an increasing... Read More
GoPro launches lifestyle gear including bags and apparel New Products 

GoPro launches lifestyle gear including bags and apparel

GoPro Inc. launched a line of lifestyle gear that is available worldwide exclusively on GoPro.com. GoPro’s lifestyle gear lineup includes bags, backpacks, and cases starting at $19.99, clothing starting at $24.99 and other goods, like floating sunglasses and water bottles, starting at $29.99. “GoPro has been focused on helping people pursue active lifestyles since day one, and our expansion into categories like bags, apparel and ultra-functional accessories stay... Read More
GoPro HERO8 Black now works as an HD webcam Updates 

GoPro HERO8 Black now works as an HD webcam

GoPro, Inc. announced its flagship HERO8 Black camera now functions as a 1080p high-definition, wide-angle webcam with a beta-release firmware update. Users must also install the new GoPro Webcam desktop utility to use their camera as a webcam. The GoPro Webcam desktop utility is currently available for Mac OS users with support for Windows is in development. “GoPro is bringing... Read More
Hohem debuts iSteady Pro 3, action camera gimbal stabilizer for GoPro 8 New Products 

Hohem debuts iSteady Pro 3, action camera gimbal stabilizer for GoPro 8

Hohem released a third-generation action-camera gimbal iSteady Pro 3, designed specifically for action cameras. The $89 iSteady Pro 3 is designed for most action cameras in the market, such as GoPro Hero 8/7/6/5/4/3, DJI OSMO Action, Insta360 one R, SONY RX0, YI cam, Xiaomi Mijia, SJCAM and other action cameras with similar size and weight, the company said. The device... Read More
GoPro announces $119 million in sales, as expected. Earnings reports 

GoPro announces $119 million in sales, as expected.

GoPro, Inc. announced first-quarter revenues were $119 million, in line with its preliminary reports, but down from the $243 million for the same period last year. The net loss in the quarter was $64 million. “We’ve taken decisive action to transition into a more efficient and profitable direct-to-consumer business,” says Nicholas Woodman, GoPro founder and CEO. “This benefits GoPro with... Read More
GoPro to restructure, to accelerate direct-to-consumer activities News People on the Move 

GoPro to restructure, to accelerate direct-to-consumer activities

GoPro Inc. announced a $100 million reduction to 2020 operating expenses including a 20% workforce reduction – and plans to further reduce non-headcount related operating expenses to $250 million in 2021 – as well as accelerated plans to go direct to consumer. The company said the direct business is a “meaningful contributor” to profitability in recent years. “GoPro’s global distribution... Read More
GoPro launches #HomePro challenge celebrating the great indoors Promotions 

GoPro launches #HomePro challenge celebrating the great indoors

Now through April 30, GoPro is hosting the #HomePro Challenge, inviting anyone around the world to submit their most creative videos and photos, shot on any device, for a chance to win a HERO8 Black or MAX camera and five years of GoPro PLUS subscription service. GoPro will choose five winners each day from all submissions tagged #HomePro on Instagram, TikTok, Youtube or Facebook. “The GoPro... Read More
GoPro reports full-year revenue up 4% Earnings reports 

GoPro reports full-year revenue up 4%

GoPro Inc. announced financial results for its fourth quarter and full-year ended December 31, 2019. Full-year revenue was $1.195 billion, up 4 % over last year, with fourth-quarter revenue up 40% to $528 billion. Net income for the year was $96 million. “GoPro achieved both revenue growth and full-year non-GAAP profitability in 2019 due to strong sell-through throughout the year... Read More
Holiday weekend sales top records Market research News 

Holiday weekend sales top records

A record 189.6 million U.S. consumers shopped from Thanksgiving Day through Cyber Monday this year, an increase of 14 percent over last year’s 165.8 million, according to the National Retail Federation and Prosper Insights & Analytics. Shoppers spent an average $361.90 on holiday items over the five-day period, up 16 percent from $313.29 during the same period last year, the... Read More
GoPro third-quarter revenues drops 54% Earnings reports News 

GoPro third-quarter revenues drops 54%

GoPro, Inc. announced financial results for its third quarter ended Sept. 30, 2019, with third-quarter revenue dropping 54% to $131 million, compared to $286 million the year prior. The quarter’s net loss was $75 million, compared to a net loss of $27.1 million last year. “Third-quarter results are above the guidance provided on Oct. 2,” says Nicholas Woodman, founder and... Read More
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