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GoPro reports full-year revenue up 4% Earnings reports 

GoPro reports full-year revenue up 4%

GaryPageau 1 Comment
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

GaryPageau , , , ,
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%

GaryPageau
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
GoPro kicks off million dollar challenge for HERO8 Black + MAX camera owners Marketing Press releases Promotions 

GoPro kicks off million dollar challenge for HERO8 Black + MAX camera owners

GaryPageau
SAN MATEO, Calif., Oct. 15, 2019 /PRNewswire/ — GoPro, Inc. is putting up $1,000,000 to celebrate the creativity and passion of the GoPro-owner community with the GoPro Million Dollar Challenge. Open exclusively to owners of HERO8 Black and MAX cameras, the GoPro Million Dollar Challenge will award an equal share of $1,000,000 to entrants whose video clips are included in the... Read More
GoPro introduces HERO8 BLACK, Mods and MAX New Products News Press releases 

GoPro introduces HERO8 BLACK, Mods and MAX

GaryPageau
SAN MATEO, Calif., Oct. 2, 2019 /PRNewswire/ — GoPro, Inc. (NASDAQ: GPRO) this week introduced HERO8 Black and its performance-expanding Mods, along with MAX, the company’s new dual-lens camera that’s so versatile it’s like having three cameras in one. “It’s been 15 years since the first GoPro camera, and from the start our purpose has been to help people share... Read More
photokina 2020 announces key exhibitors and some cancellations Events Press releases 

photokina 2020 announces key exhibitors and some cancellations

GaryPageau , , , , , , , , , , , , , , , , , ,
photokina 2020: an industry in transformation, a decisive chance for the future The imaging industry is currently undergoing massive changes, which also have an impact on photokina as the industry’s leading trade fair – and this in a dimension never seen before. While on the one hand the classic camera market reports strongly declining sales and turnover figures, the enjoyment... Read More
Tariffs not expected to impact GoPro’s second-half 2019 financial performance News Press releases 

Tariffs not expected to impact GoPro’s second-half 2019 financial performance

GaryPageau ,
SAN MATEO, Calif., Aug. 26, 2019 /PRNewswire/ — GoPro, Inc. today reiterated that it does not expect the recently announced tariffs to have an impact on its second half 2019 financial performance as most of its U.S. bound camera production will come from Mexico in the second half of 2019. “As previously stated, we began production in Guadalajara, Mexico of our U.S.... Read More
GoPro announces second quarter 2019 results Earnings reports News Press releases 

GoPro announces second quarter 2019 results

GaryPageau
Second Quarter Results In-line with Guidance Revenue of $292 Million Increased 20% Sequentially and 3% Year-over-Year Sell-Through of Cameras at $300 and Above Increased More Than 90% Year-over-Year GoPro Plus Paid Subscribers Increased 15% Sequentially and 50% Year-over-Year SAN MATEO, Calif., Aug. 1, 2019 /PRNewswire/ — GoPro, Inc.  announced financial results for its second quarter ended June 30, 2019. “In the second quarter,... Read More
GoPro, Quik apps combine for one mobile editing experience New Products Press releases Updates 

GoPro, Quik apps combine for one mobile editing experience

GaryPageau ,
GoPro App Update Unlocks New Features and Tools for Photo and Video Editing; Lays the Groundwork for Future Innovation SAN MATEO, Calif., July 31, 2019 /PRNewswire/ — Got content? GoPro is here to help you view, edit and share it faster and fresher with its new GoPro app update, released today. The update integrates the best of the Quik video editing app into... Read More
SANDMARC introduces rig for iPhone and mobile filmmakers New Products Press releases 

SANDMARC introduces rig for iPhone and mobile filmmakers

GaryPageau , ,
SAN DIEGO, July 2, 2019 /PRNewswire/ — SANDMARC, a brand specializing in photography gear for iPhone, DJI and GoPro cameras, introduced a product focused on versatile iPhone and mobile filmmaking: SANDMARC Film Rig. Built entirely of aluminum, the Film Rig is designed for providing a stabilized footage when shooting action. It is compatible with all our lenses and does not... Read More
GoPro enhances PLUS Subscription service at GoPro.com News Press releases 

GoPro enhances PLUS Subscription service at GoPro.com

GaryPageau
Unlimited Cloud Storage, Damaged Camera Replacement and 50% Accessory Discounts for $4.99 a Month SAN MATEO, Calif., June 18, 2019 /PRNewswire/ — GoPro, Inc. today announced that its PLUS Subscription service is now integrated into the GoPro.com checkout experience, giving customers the opportunity to seamlessly subscribe to PLUS when purchasing a camera. “We continue to see consistent global PLUS subscriber growth, and by... Read More
GoPro expands camera trade-up program to include countries in the European Union Press releases Promotions 

GoPro expands camera trade-up program to include countries in the European Union

GaryPageau ,
Send in Any Older-Generation GoPro – or Any Other Digital Camera – and Receive EUR 100 off HERO7 Black or Fusion at GoPro.com   SAN MATEO, Calif., May 24, 2019 /PRNewswire/ — GoPro, Inc. today announced the expansion of its camera Trade-Up program to countries in the European Union, offering the ability to trade up from any previous-generation GoPro, or any other... Read More
DJI debuts 4K Osmo Action Camera New Products Press releases Promotions 

DJI debuts 4K Osmo Action Camera

GaryPageau ,
New Camera Features Front and Rear Color Screens and State-Of-The-Art Electronic Image Stabilization DJI, the world’s leader in civilian drones and creative camera technology, building on its heritage of advanced image stabilization, takes a bold new direction with the Osmo Action camera. Using DJI’s unparalleled experience with capturing smooth and stable videos in the most demanding environments, Osmo Action is... Read More
GoPro reiterates plans to move U.S. bound camera production to Mexico News Press releases 

GoPro reiterates plans to move U.S. bound camera production to Mexico

GaryPageau
SAN MATEO, Calif., May 13, 2019 /PRNewswire/ — In light of recent comments made by the United States Trade Representative, GoPro, Inc. (NASDAQ: GPRO) today reiterated its plans to move most of its U.S. bound production out of China, while maintaining production in China for non-U.S. bound cameras. “In June, we will begin production in Guadalajara, Mexico of our U.S. bound... Read More