earnings
confidence high
sentiment positive
materiality 0.75
GoPro reports Q4 and FY 2021 results: rev +9%/+30%, GAAP EPS $2.27, $100M buyback
GoPro, Inc.
2021-FY EPS reported
$2.27
revenue$1,161,084,000
- Q4 2021 revenue $391M (+9% YoY); GAAP EPS $0.32, non-GAAP EPS $0.41; gross margin 41.2%.
- FY 2021 revenue $1.16B (+30% YoY); GAAP net income $371M ($2.27/diluted share), non-GAAP EPS $0.90.
- Cash & investments $539M (+64% YoY); subscriber base 1.6M, up 107%.
- Board authorized $100M stock repurchase program on Jan 27, 2022; no expiration date.
- Camera Street ASP $379 in Q4 (+17% YoY); cameras at $300+ price point comprised 100% of Q4 camera revenue.