secwatch.observer — SEC 8-K summary
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Issuer:     GoPro, Inc. (GPRO)
CIK:        0001500435
Form:       8-K
Filed at:   2025-05-12T23:59:59+00:00
Accession:  0001500435-25-000033
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

GoPro Q1 revenue $134M at high-end of guidance, net loss $(0.30)/share
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- Revenue $134M, down 14% YoY; camera sell-through ~440k units, down 18% YoY.
- GAAP net loss $46.7M ($0.30/share) vs $339M loss ($2.24) prior year, which included $295M valuation allowance.
- Non-GAAP net loss $19.4M ($0.12/share) vs $319M loss ($2.11) prior year.
- Subscription & service revenue up 4% to $27M; ARPU up 5%; subscribers 2.47M (-1% YoY).
- Adjusted EBITDA -$16M, a 46% improvement from -$29M prior year.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1500435/000150043525000033/0001500435-25-000033-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1500435/000150043525000033/gpro-20250512.htm
  HTML page:      https://secwatch.observer/filing/0001500435-25-000033

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