secwatch.observer — SEC 8-K summary
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Issuer:     GoPro, Inc. (GPRO)
CIK:        0001500435
Form:       8-K
Filed at:   2022-05-05T23:59:59+00:00
Accession:  0001500435-22-000029
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

GoPro Q1 revenue up 6% to $217M; GAAP EPS $0.04 vs loss; subscribers hit 1.74M
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- 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%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1500435/000150043522000029/0001500435-22-000029-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1500435/000150043522000029/gpro-20220505.htm
  HTML page:      https://secwatch.observer/filing/0001500435-22-000029

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