earnings
confidence high
sentiment positive
materiality 0.70
GoPro Q1 revenue up 6% to $217M; GAAP EPS $0.04 vs loss; subscribers hit 1.74M
GoPro, Inc.
2022-Q1 EPS reported
$0.04
revenue$216,705,000
- Revenue $217M (+6% YoY); GAAP net income $5.7M ($0.04 EPS) vs $10.2M loss ($0.07 loss).
- Non-GAAP EPS $0.09 (+200% YoY); adjusted EBITDA $20.6M (10% of revenue).
- Subscribers 1.74M (+85% YoY); subscription & service revenue $19M (+73%).
- GoPro.com revenue $89M (41% of total); Street ASP $414 (+13%); cameras ≥$400 = 92% of mix.
- Cash & investments $450M (+52% YoY); GAAP gross margin 41.8% vs 38.6%.