secwatch.observer — SEC 8-K summary
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Issuer:     GoPro, Inc. (GPRO)
CIK:        0001500435
Form:       8-K
Filed at:   2025-02-06T23:59:59+00:00
Accession:  0001500435-25-000003
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1500435/000150043525000003/0001500435-25-000003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1500435/000150043525000003/gpro-20250206.htm
  HTML page:      https://secwatch.observer/filing/0001500435-25-000003

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