March 27, 2017 7:50 PM ET

Household Durables

Company Overview of GoPro, Inc.

Company Overview

GoPro, Inc. develops and sells mountable and wearable cameras, and accessories in the United States and internationally. The company offers HERO5, a line of cloud-connected cameras; GoPro Plus, a cloud-based storage solution that enables subscribers to access, edit, and share content; Quik, a desktop app that provides expanded editing options for power users; Capture, a mobile app that allows users to preview and play back shots, control their GoPro cameras, and share content on the fly using their smartphones; Karma, a compact and foldable drone and versatile stabilization solution; and Karma Grip, a handheld and body-mountable camera stabilizer to capture zero-shake and smooth video. It al...

3000 Clearview Way

San Mateo, CA 94402

United States

Founded in 2004

1,552 Employees

Phone:

650-332-7600

Key Executives for GoPro, Inc.

Founder, Chairman and Chief Executive Officer
Age: 41
Total Annual Compensation: $805.1K
General Counsel and Secretary
Age: 52
Total Annual Compensation: $290.5K
Compensation as of Fiscal Year 2015.

GoPro, Inc. Key Developments

GoPro, Inc. Approves Restructuring of the Business Includes 270 Global Reduction in Force

On March 15, 2017, the Board of Directors of GoPro, Inc. approved a restructuring of the company's business that included a global reduction in force. The company estimates that it will incur aggregate charges of up to $10 million for the restructuring, which are primarily cash expenditures related to severance costs. The company expects to recognize these charges in the first quarter of 2017. The reduction in operating expenses is achieved with a combination of cuts to program costs, headcount and open positions, totaling the elimination of approximately 270 positions.

GoPro, Inc. Affirms Earnings Guidance for the First Quarter of 2017; Provides EBITDA Guidance for the Full Year of 2017

GoPro, Inc. announced that it affirms 2017 first quarter revenue to be in the upper end of its previously announced $190 million-$210 million range and repeated its target of full-year non-GAAP profitability. EBITDA is expected to be positive for full-year of 2017.

GoPro, Inc., Q1 2017 Guidance/Update Call, Mar 15, 2017

GoPro, Inc., Q1 2017 Guidance/Update Call, Mar 15, 2017

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