earnings
confidence high
sentiment positive
materiality 0.65
GoPro Q2 revenue $251M (+0.4% YoY); EPS $0.02 GAAP, $0.08 non-GAAP; subs up 65%
GoPro, Inc.
2022-Q2 EPS reported
$0.06
revenue$467,390,000
- Q2 revenue $251M, flat YoY; U.S. dollar headwind ~$8M; Street ASP up 13% to $392.
- GAAP net income $3M ($0.02/diluted share); non-GAAP net income $13M ($0.08/diluted share).
- Subscribers grew 65% YoY to 1.91M; subscription & service revenue up 71% to $20M.
- Cameras at ≥$400 retail price accounted for 93% of camera revenue (vs 77% YoY).
- Adjusted EBITDA $17M (7% of revenue) vs $25M (10%) in prior year.