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Last $48.19 USD
Change Today +0.45 / 0.94%
Volume 4.2M
GPRO On Other Exchanges
Symbol
Exchange
Berlin
NASDAQ GS
Mexico
As of 5:20 PM 05/6/15 All times are local (Market data is delayed by at least 15 minutes).

gopro inc-class a (GPRO) Key Developments

GoPro, Inc. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015; Provides Earnings Guidance for the Second Quarter of 2015

GoPro, Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, revenue was $363.1 million, increased 54.0% compared to $235.7 million in the first quarter of 2014. Operating income was $22.3 million, increased 34.5% compared to $16.6 million in the first quarter of 2014. Net income attributable to common stockholders was $16.8 million or $0.11 per diluted share, increased 98.2% compared to $8.5 million or $0.08 per diluted share in the first quarter of 2014. Income before income taxes was $20.024 million against $14.931 million a year ago. Net cash provided by operating activities was $66.267 million against $20.914 million a year ago. Purchases of property and equipment were $5.207 million against $4.701 million a year ago. On non-GAAP basis, operating income was $49.1 million, increased 135.2% compared to $20.9 million in the first quarter of 2014. Adjusted EBITDA was $56.5 million, increased 97.4% compared to $28.6 million in the first quarter of 2014. Net income was $35.6 million or $0.24 per diluted share, increased 149.4% compared to $14.3 million or $0.10 per diluted share in the first quarter of 2014. For second quarter of 2015, the company expects an increase in revenue from both distribution and direct channels, with the dollar increase in the latter being more significant. The company currently anticipates revenue of between $380 million and $400 million. And at the midpoint of guidance, this represents an increase of 59% year-over-year and is greater than the 54% year-over-year growth just recorded in first quarter of 2015. The company expects gross margin will continue to be at or above long-term target. And accordingly, the company anticipates gross margin will be 45%, plus or minus 50 basis points and, at the midpoint, up 280 basis points from the 42.2% recorded in the prior year comparable quarter. The company estimates effective tax rate to be approximately 25%, with fully diluted shares outstanding of approximately 150 million. Accordingly, the company anticipates EPS to be in the range of $0.24 to $0.26.

GoPro, Inc. Unveils HEROCast™

GoPro, Inc. announced the launch of HEROCast™, the small, light, and most cost-efficient wireless HD micro transmitter to hit the broadcast market. Developed with Vislink, the HEROCast transmitter enables professional broadcasters to deliver engaging, live content with immersive POV footage and unique perspectives that are synonymous with GoPro. HEROCast integrates with GoPro cameras and its ecosystem of mounts, and delivers the most versatile, mountable broadcast solution available and transmits high definition 1080/60fps and 720/60fps video using H.264 encoding with low glass-to-glass latency. HEROCast is available as an independent unit that can be connected to a GoPro camera via a lockable HDMI cable, which is optimal for body mounting and engaging POV shots. HEROCast BacPac directly connects to housing of a GoPro camera, delivering an integrated, water-resistant solution for immersive live action footage. Both configurations are compatible with HERO4 and HERO3+ Black cameras, carry up to an estimated 40 minutes of battery life (may be powered externally for extended use), and deliver industry-standard wireless broadcast at a fraction of the cost of comparable equipment. HEROCast is $7,500 MSRP and optimized for body mounting and engaging POV shots; separate units for versatile mounting and easy accessibility; easily attached to GoPro mounts including Chesty and more; and connects via supplied HDMI cable. HEROCast BacPac is $7,500 MSRP and all-in-one solution for immersive live-action footage; camera, transmitter, housing, and BacPac in one convenient unit; mounts to walls, cars, and other larger surfaces; and water resistant to IP67 specification.

GoPro, Inc. to Report Q1, 2015 Results on Apr 28, 2015

GoPro, Inc. announced that they will report Q1, 2015 results at 5:00 PM, Eastern Standard Time on Apr 28, 2015

GoPro, Inc., Q1 2015 Earnings Call, Apr 28, 2015

GoPro, Inc., Q1 2015 Earnings Call, Apr 28, 2015

GoPro, Inc. Presents at Robert W. Baird & Co. Inc. 2015 Growth Stock Conference, May-05-2015 02:25 PM

GoPro, Inc. Presents at Robert W. Baird & Co. Inc. 2015 Growth Stock Conference, May-05-2015 02:25 PM. Venue: Four Seasons Hotel, Chicago, Illinois, United States. Speakers: Colin Born, Vice President of Corporate Development and Investor Relations, Jack R. Lazar, Chief Financial Officer, Peter Salkowski, IR.

 

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GPRO Competitors

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Company Last Change
Canon Inc ¥4,289 JPY 0.00
Nikon Corp ¥1,696 JPY 0.00
Olympus Corp ¥4,320 JPY 0.00
Panasonic Corp ¥1,696 JPY 0.00
Toshiba Corp ¥482.50 JPY 0.00
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Industry Analysis

GPRO

Industry Average

Valuation GPRO Industry Range
Price/Earnings 53.8x
Price/Sales 4.2x
Price/Book 9.1x
Price/Cash Flow 48.0x
TEV/Sales 3.9x
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