secwatch.observer — SEC 8-K summary
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Issuer:     GoPro, Inc. (GPRO)
CIK:        0001500435
Form:       8-K
Filed at:   2024-02-07T23:59:59+00:00
Accession:  0001500435-24-000011
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

GoPro Q4 revenue $295M (-8% YoY); full-year net loss $53M; subscribers up 12% to 2.5M
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- Q4 GAAP net loss $2M ($0.02 loss per share); Non-GAAP net income $2M ($0.02 EPS).
- Full year 2023 revenue $1.0B (-8% YoY); GAAP net loss $53M ($0.35 loss per share).
- Subscription and service revenue $97M (+18% YoY); subscriber base 2.5M (+12% YoY).
- Q4 gross margin GAAP 34.2% (up 170bps YoY); full year GAAP gross margin 32.2% (down 500bps YoY).
- Repurchased $50M aggregate principal of 2025 Convertible Notes and $40M stock in 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1500435/000150043524000011/0001500435-24-000011-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1500435/000150043524000011/gpro-20240207.htm
  HTML page:      https://secwatch.observer/filing/0001500435-24-000011

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