GoPro Q4 revenue down 32% YoY; full-year net loss $432M on $801M revenue

GoPro, Inc.

2024-FY EPS reported -$2.82 revenue$801,473,000

Q4 revenue $201M (-32% YoY); full-year revenue $801M (-20% YoY).
GAAP net loss Q4 $37M ($0.24/sh); FY loss $432M ($2.82/sh) includes $295M tax valuation allowance.
Non-GAAP net loss Q4 $14M ($0.09/sh) vs prior year profit; FY $370M ($2.42/sh).
Subscription revenue +9% Q4 to $27M; subscribers 2.52M (+1% YoY).
CEO targets 30% reduction in 2025 operating expenses, aiming for growth and profitability in 2026.

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