---
schema_version: "secwatch.filing_event.v1"
accession: "0001500435-24-000152"
form_type: "8-K"
ticker: "GPRO"
cik: "0001500435"
company_name: "GoPro, Inc."
filed_at: "2024-11-07T23:59:59+00:00"
generated_at: "2026-05-30T03:29:17.001576+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# GoPro Q3 revenue $259M down 12% YoY; GAAP EPS loss $0.05; restructuring plan to cut costs

## Summary
- Revenue $259M, down 12% YoY; GAAP net loss $8M ($0.05 loss per share) vs loss $4M ($0.02) prior year.
- Non-GAAP net loss $0.5M (breakeven per share) vs net income $9M ($0.06) prior year; adjusted EBITDA $5M.
- Subscribers 2.56M (+2% YoY); subscription & service revenue $27.5M (+11% YoY) with ARPU up 9%.
- Gross margin improved to 35.5% GAAP (up 350 bps); cash $130M.
- Announced updated restructuring plan in Q4 2024 to substantially reduce operating expenses for 2025 profitability.

## SEC filing metadata
- accession: 0001500435-24-000152
- form_type: 8-K
- ticker: GPRO
- cik: 0001500435
- company_name: GoPro, Inc.
- filed_at: 2024-11-07T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1500435/000150043524000152/0001500435-24-000152-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1500435/000150043524000152/gpro-20241107.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001500435-24-000152
- JSON: https://secwatch.observer/filing/0001500435-24-000152.json
- Plain text: https://secwatch.observer/filing/0001500435-24-000152.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.