$GPRO (GoPro, Inc.)

$GPRO {{ '2016-05-05T22:06:10+0000' | timeago}} • Webcast

Goldman Sachs analyst Douglas Clark probes on the sell-through, where it is on absolute levels or where it would be when exiting 2Q16 in terms of inventory reduction. Brian McGee said that $GPRO expects to see inventories come down substantially in the channel in 2Q16 in the range of 35-50%.

$GPRO {{ '2017-07-11T13:36:46+0000' | timeago}} • Announcement

$GPRO has kept the application process for the Fusion Pilot Program open and expects to add more pilot partners to the program later this summer. A limited commercial release of Fusion is expected by the end of 2017, with details on pricing and other technical specifications expected at launch.

$GPRO {{ '2017-07-11T13:35:54+0000' | timeago}} • Announcement

$GPRO shipped its first new 5.2K spherical camera Fusion pilot units to selected production teams to the likes of Golden State Warriors, USA TODAY NETWORK, FOX Sports, and AccuWeather to name a few. In April, $GPRO began taking applications from content professionals seeking to be among the first to use its new camera as part of a pilot program.

$GPRO {{ '2017-04-27T22:29:23+0000' | timeago}} • Webcast

In 1Q17, $GPRO's sell-through, excluding end-of-life (EOL) products, was down 20% YoY. Channel inventories declined in 1Q17, and the company expects it to decline in 2Q17 as well, driven largely by EOL products.

$GPRO {{ '2017-04-27T22:06:27+0000' | timeago}} • Webcast

In terms of Karma retail footprint, $GPRO said it is still reaching out new doors in the United States. In Europe, the company just launched the product and is continuing to roll out. The product is yet to be launched in Asia.

$GPRO {{ '2017-04-27T21:48:42+0000' | timeago}} • Webcast

$GPRO said its overall camera unit volume will grow in 2H17 and certainly in 4Q17. Additionally, the company has planned HERO6 launch this year, which is expected to boost profitability and grow the margin. The company, however, anticipates Karma to be a smaller percentage of business in 2H17 and be less impactful to gross margin.

$GPRO {{ '2017-04-27T21:15:16+0000' | timeago}} • Announcement

$GPRO said 60% of its 1Q17 revenue came from non-US markets. Between 70% and 90% of the HERO5 camera users in China, Germany, Spain, Italy, France, and Japan are using their cameras in their local language, the company added.

$GPRO {{ '2017-04-27T21:09:51+0000' | timeago}} • Announcement

In 2Q17, $GPRO expects revenue of about $270MM and operating margin of about 33.5%. GAAP operating expense is expected between $142MM and $146MM, while on a non-GAAP basis, it is expected between $122MM and $126MM. In FY17, an operating expense of below $580MM is expected. On a non-GAAP basis, it is expected below $495MM.

$GPRO {{ '2017-04-27T21:02:58+0000' | timeago}} • Announcement

Action camera maker $GPRO failed to capture the action in 1Q17's higher sales, as it posted a flat loss per share. Net loss slightly widened to $111.1MM from $107.4MM a year ago, with the per share value flat at $0.78. Revenue rose 19% to $218.6MM and adjusted EBITDA narrowed to $45.66MM.

$GPRO {{ '2017-04-27T20:38:42+0000' | timeago}} • Infographic

$GPRO GoPro Earnings AlphaGraphics: Q1 2017 Highlights

$TASR {{ '2017-03-21T12:16:34+0000' | timeago}} • Announcement

$TASR appoints Kathy Trontell from $TSLA as the Chief Information Officer. Also, Jason Hartford from $GPRO has been appointed as the Senior Director of Product Management.

$GPRO {{ '2017-02-03T00:29:45+0000' | timeago}} • Webcast

$GPRO's CEO Nicholas Woodman confirmed that new cameras and other accessories will be released during the year and the new camera will be named as Hero-6. He added that the company will not share any information on the timing around the release of those new products.

$GPRO {{ '2017-02-03T00:10:52+0000' | timeago}} • Webcast

$GPRO's operating expenses were $182.1MM. 4Q16 restructuring actions are expected to result in lower quarterly OpEx in 2017. R&D expenses were up 10% YoY. Sales and marketing expenses grew 28%. Headcount at end of 2016 was 1,552, down from 1,722 at the end of 3Q16 due to the reduction in global workforce.

$GPRO {{ '2017-02-03T00:07:48+0000' | timeago}} • Webcast

$GPRO said that in 4Q16, the company returned to non-GAAP profitability for the first time since 3Q15. The company shipped approx. 2.3MM cameras, an increase of 14% YoY. Shipments included approx. 200,000 units of previously discontinued cameras.

$GPRO {{ '2017-02-02T23:22:08+0000' | timeago}} • Webcast

$GPRO eliminated one-third of the VP and above roles since Nov. and moved away from a complex business unit structure to a functionally driven product development organization. As part of shifting resources to lower cost locations, opened an office in Bucharest, Romania. $GPRO is also growing other lower cost locations in China and the Philippines.

$GPRO {{ '2017-02-02T23:03:20+0000' | timeago}} • Webcast

$GPRO announced a plan in Nov. to reduce operating expenses below $650MM. The reorganization eliminated several high cost initiatives, including $GPRO's Entertainment Group and more than 200 full time positions. The company believes these actions will reduce OpEx to below $600MM, down more than $100MM from 2016.

$GPRO {{ '2017-02-02T22:56:12+0000' | timeago}} • Webcast

$GPRO guided that Karma would account for slightly less than 10% of 4Q16 revenue. Karma is now back on the market and is on sale at gopro.com select retailers in the U.S in limited quantities. $GPRO plans to make Karma available in international markets this spring.

$GPRO {{ '2017-02-02T22:42:24+0000' | timeago}} • Webcast

$GPRO's CEO Nicholas Woodman said, "We achieved our second highest quarterly revenue in GoPro's 14 year history." The company sold an estimated 2MM cameras in 4Q16. Early production issues compromised launch volumes, which impacted 4Q16 revenues. $GPRO added that the withdrawal of drone Karma in Nov. was the biggest challenge to its 4Q16 revenue.

$GPRO {{ '2017-02-02T22:02:53+0000' | timeago}} • Infographic

$GPRO GoPro Inc. Earnings AlphaGraphics: Q4 2016 Highlights

$GPRO {{ '2017-02-02T21:39:59+0000' | timeago}} • Announcement

$GPRO's unit shipment for 4Q16 grew 14% YoY to 2.28MM. The company reported 4MM installs of Quik Mobile app in 4Q16, with Quik Mobile December Monthly Active Users (MAUs) more than tripled year-over-year.

$GPRO {{ '2017-02-02T21:29:09+0000' | timeago}} • Announcement

For 1Q17, $GPRO expects revenue to be in the range of $190MM to $210MM. The company expects operating expenses of between $168MM and $178MM for 1Q17 and below $688MM for FY17.

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