GoPro, Inc. Class A Aktie News

Shares of camera maker GoPro have plunged more than 50% over the past year. The company is revamping its business to offer more services and products.

GoPro's stock has been performing poorly, currently trading at $1.7, down 55.6% over the past year. GoPro has been in the middle of a transformation. The management has set a target to return to improved growth and profitability in 2025. I believe GoPro's retail expansion with Best Buy and in EMEA, along with its leading brand presence, will serve as decent catalysts. Risk remains moderate, but...

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.

GoPro's revenue is falling, and losses are growing. As losses grow and the stock falls, the financing options get harder to swallow.

GoPro, Inc. (NASDAQ:GPRO ) Q1 2024 Earnings Conference Call May 7, 2024 5:00 PM ET Company Participants Chris Clark - VP, Corporate Communications Nicholas Woodman - CEO Brian McGee - CFO and COO Conference Call Participants Andrew Uerkwitz - Oppenheimer Operator Hello and welcome to the GoPro First Quarter 2024 Earnings Call. My name is Lauren, and I'll be coordinating your call today.

Revenue of $155 million was 7% Above Guidance GoPro Subscribers Grew 6% Year-over-Year to 2.5 million Subscription and Service Revenue was $26 million, up 12% Year-over-Year  SAN MATEO, Calif. , May 7, 2024 /PRNewswire/ -- GoPro, Inc. (NASDAQ: GPRO) announced financial results for its first quarter ended March 31, 2024 and posted management commentary, including forward-looking guidance, in the...

Peloton makes internet connected exercise equipment and is trying to shift toward a subscription model. GoPro makes super tough camera equipment and is trying to sell add on services via subscriptions.

GoPro sells super tough cameras that are used by people who like to do extreme things. The company has been trying to shift its business model to increasingly include subscriptions.