secwatch.observer — SEC 8-K summary
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Issuer:     GoPro, Inc. (GPRO)
CIK:        0001500435
Form:       8-K
Filed at:   2023-02-02T23:59:59+00:00
Accession:  0001500435-23-000010
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

GoPro Q4 revenue $321M (-18% YoY); EPS $0.02 vs $0.32; FY rev $1.09B (-6%)
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- Q4 revenue $321M (-18% YoY); GAAP EPS $0.02 vs $0.32; non-GAAP EPS $0.12 vs $0.41.
- FY2022 revenue $1.09B (-6%); GAAP EPS $0.18; non-GAAP EPS $0.47; adj. EBITDA $95M (9% of rev).
- Subscription & service revenue FY $82M (+52% YoY); subscribers 2.25M (+43% YoY).
- Gross margins contracted: Q4 non-GAAP 35.1% vs 41.3%; FY non-GAAP 38.1% vs 41.4%.
- Repurchased $40M stock and retired $125M debt in 2022; cash $367M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1500435/000150043523000010/0001500435-23-000010-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1500435/000150043523000010/gpro-20230202.htm
  HTML page:      https://secwatch.observer/filing/0001500435-23-000010

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