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BRIEF-Gopro Announces Fourth Quarter Results

· 02/04/2021 16:44
BRIEF-Gopro Announces Fourth Quarter Results

- GoPro Inc GPRO.O:

  • GOPRO ANNOUNCES FOURTH QUARTER AND FULL YEAR 2020 RESULTS

  • Q4 NON-GAAP EARNINGS PER SHARE $0.39

  • Q4 GAAP EARNINGS PER SHARE $0.28

  • Q4 EARNINGS PER SHARE ESTIMATE $0.38 -- REFINITIV IBES DATA

  • ENDED 2020 WITH 761,000 GOPRO SUBSCRIBERS, UP 52% SEQUENTIALLY AND 145% YEAR-OVER-YEAR

  • GAAP AND NON-GAAP GROSS MARGIN FOR Q4 2020 WAS 38.0% AND 38.3%, RESPECTIVELY

  • REVENUE FOR Q4 2020 WAS $358 MILLION, A 28% SEQUENTIAL IMPROVEMENT FROM $281 MILLION IN Q3 2020

Source text for Eikon: ID:nPn44DMKRa

Further company coverage: GPRO.O


((Reuters.Briefs@thomsonreuters.com;))