Recap: GoPro Q2 Earnings

Shares of GoPro GPRO moved lower by 1.98% in after-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share fell 766.67% over the past year to ($0.20), which missed the estimate of ($0.17).

Revenue of $134,246,000 declined by 54.09% from the same period last year, which beat the estimate of $114,270,000.

Looking Ahead

Earnings guidance hasn't been issued by the company for now.

Revenue guidance hasn't been issued by the company for now.

Conference Call Details

Date: Aug 06, 2020

Time: 05:00 PM

ET Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Finvestor.gopro.com%2Fevents-and-presentations%2Fevent-details%2F2020%2FGoPro-2nd-Quarter-2020-Earnings-Call%2Fdefault.aspx&eventid=2395090&sessionid=1&key=BEEEE416A1E8E4C95CA24BDD647AB887&regTag=&sourcepage=register

Technicals

Company's 52-week high was at $5.79

52-week low: $2.00

Price action over last quarter: Up 63.13%

Company Profile

GoPro Inc is a United States-based company that is principally engaged in designing and providing cameras, mounts, drones and appliances. The company outsources a part of manufacturing to third parties in China. The company sells products across the world through its direct sales channel, which generates over half of total revenue, and indirectly through its distribution channel. The company has presence, including in the Americas, Europe, Middle East, Africa, and Asia-Pacific, with the Americas contributing over half of total revenue.