secwatch.observer — SEC 8-K summary
======================================

Issuer:     GoPro, Inc. (GPRO)
CIK:        0001500435
Form:       8-K
Filed at:   2022-02-03T23:59:59+00:00
Accession:  0001500435-22-000004
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

GoPro reports Q4 and FY 2021 results: rev +9%/+30%, GAAP EPS $2.27, $100M buyback
--------------------------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1500435/000150043522000004/0001500435-22-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1500435/000150043522000004/gpro-20220203.htm
  HTML page:      https://secwatch.observer/filing/0001500435-22-000004

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer