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Is This A Sign of Things To Come At GoPro (NASDAQ:GPRO)?
When we're researching a company, it's sometimes hard to find the warning signs, but there are some financial metrics...
Simply Wall St. · 10h ago
GoPro to Present at the Wells Fargo Virtual TMT Summit
GoPro, Inc. (NASDAQ: GPRO) today announced that it will present at the Wells Fargo 2020 Virtual TMT Summit on Tuesday, December 1, 2020.
PR Newswire · 2d ago
GoPro prices $125M of 1.25% convertible senior notes due 2025
GoPro (GPRO) has priced upsized $125M (from $100M) of 1.25% convertible senior unsecured notes due November 15, 2025.Initial purchasers granted an option to purchase additional $18.75M of notes.Closing date is
Seekingalpha · 11/20 10:47
GoPro Prices $125.0 Million of 1.25% Convertible Senior Notes due 2025
GoPro, Inc. (NASDAQ: GPRO) ("GoPro") today announced that it has priced $125.0 million aggregate principal amount of 1.25% convertible senior notes due 2025 (the "notes"). The size of the offering was increased from the previously announced $100.0 million in aggregate principal amount. The notes are to be offered and sold in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Act"). GoPro also granted the initial purchasers of the notes an option to purchase, within a 13-day period from, and including the date on which the notes are first issued, up to an additional $18.75 million aggregate principal amount of notes. The sale is expected to close on November 24, 2020, subject to customary closing conditions.
PR Newswire · 11/20 04:40
Bronstein, Gewirtz & Grossman, LLC Notifies GoPro, Inc. (GPRO) Investors of Investigation
ACCESSWIRE · 11/19 21:25
Nuance Communications and Sonos among top tech gainers; Micro Focus and GoPro among losers
Gainers: Sonos (SONO) +28%. Nuance Communications (NUAN) +17%. voxeljet AG (VJET) +16%. Nano Dimension (NNDM) +16%. Net Element (NETE) +14%.Losers: Ebang International (EBON) -26%. GoPro (GPRO) -13%. Micro Focus International (MFGP) -9%.
Seekingalpha · 11/19 19:55
Stocks making the biggest moves midday: Shopify, L Brands, Tesla, GoPro & more
Take a look at the companies making headlines in midday trading.
CNBC.com · 11/19 17:41
GPRO, BLNK, MGTX and SONO among midday movers
Gainers: Naked Brand (NAKD) +116%.Phoenix New Media (FENG) +48%.Titan Pharmaceuticals (TTNP) +36%.HighPoint Resources (HPR) +32%.Arcimoto (FUV) +32%.Ayro (AYRO) +29%.CIIG Merger (CIIC) +27%.Aptevo Therapeutics (APVO) +27%.Sonos (SONO) +27%.Blink Charging (BLNK) +23%.Losers: Ebang International
Seekingalpha · 11/19 17:39
ZTO Express Cayman, Chindata Group Holdings leads premarket losers' pack
X Financial (XYF) -33%.MeiraGTx Holdings (MGTX) -10% on public offering pricing at $12.85/share.Tantech Holdings (TANH) -9%.BeyondSpring (BYSI) -9% on public offering pricing at $10.0/share.Chindata Group Holdings (CD) -7% on Q3 earnings release.Phoenix Tree Holdings (DNK) -7%.ZTO
Seekingalpha · 11/19 13:23
SONO, CD, ZTO and LB among after-hours movers
Gainers: [[SONO]] +22.6%. [[LB]] +14.3%. [[LOW]] +8.9%. [[FCEL]] +8.6%. [[AQST]] +6.9%.Losers: [[EVGN]] -14.9%. [[PNNT]] -7.3%. [[ZTO]] -5.8%. [[CD]] -5.5%. [[GPRO]] -5.1%.
Seekingalpha · 11/18 22:56
GoPro trades lower after disclosing new convertible note offering
GoPro (GPRO) is down 6.15% in AH trading after the company announces a $100M offering of convertible senior notes due 2025.The offering is being made through a private placement.GoPro intends to use
Seekingalpha · 11/18 21:24
GoPro under pressure on convertible senior notes offering
GoPro (GPRO) -6.4% AH, seeks to offer $100M principal amount of convertible senior notes due 2025 in a private placement.It intends to grant the initial notes purchasers an option to purchase,
Seekingalpha · 11/18 21:24
GoPro to Offer $100.0 Million of Convertible Senior Notes due 2025
GoPro, Inc. (NASDAQ: GPRO) ("GoPro") today announced that it proposes to offer $100.0 million aggregate principal amount of convertible senior notes due 2025 (the "notes"), subject to market conditions and other factors. The notes are to be offered and sold in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Act"). GoPro also intends to grant the initial purchasers of the notes an option to purchase, within a 13-day period from, and including the date on which the notes are first issued, up to an additional $15.0 million aggregate principal amount of notes.
PR Newswire · 11/18 21:05
GoPro Jumps 16% On Blowout 3Q; Wedbush Raises PT
Shares of GoPro spiked 15.7% on Friday after the wearable action camera maker's 3Q adjusted earnings of $0.20 came ahead of the consensus estimates of $0.06 per share. EPS flipped from a year-ago loss of $0.42 per share. Revenues of $280.5 million jumped 114% year-over-year and exceeded analysts’ expectations of $234.5.GoPro’s (GPRO) subscribers surged 65% from the year-ago quarter to 501,000. Gross margin expanded to 36.2% in 3Q from the year-ago margin of 23.4%. Adjusted EBITDA generated $39 million, compared with a loss of $53 million in the year-ago period.GoPro’s CEO Nicholas Woodman said “Thanks to consistent momentum throughout the quarter and the strong launch of HERO9 Black coupled with our GoPro subscription service, in Q3 GoPro achieved GAAP and non-GAAP profitability, generated $100 million of operating cash flow, and surpassed 500,000 subscribers.” GoPro’s CFO Brian McGee added that “In Q3 2020, our direct-to-consumer and subscription-centric strategy expanded margin, increased subscribers and significantly lowered our operating expenses.” (See GPRO stock analysis on TipRanks).Following the robust 3Q results, Wedbush analyst Michael Pachter raised his price target to $8 (4.4% upside potential) from $6, “given the higher-margin profile of GoPro’s DTC business.” He said “GoPro delivered its most profitable third quarter results since 2017. After recently shifting its business model toward a direct-to-consumer strategy, GoPro has found early success.”Pachter further added “GoPro’s latest product pricing compels the purchaser to buy direct and to get an annual subscription, providing GoPro with a significantly lower barrier to profitability. Its product lineup expands further into a broader range of applications, including its applicability to content streamers.” The analyst said that “Given the rapid growth in this market, GoPro can potentially expand its core user base.” He, however, maintained a Hold rating on the stock as shares are trading near his target.Currently, the Street is sidelined on the stock with a Hold rating. With shares up a whopping 76.5% year-to-date, the average price target of $7.60 implies that the stock is more than fully priced at current levels.Related News: Dropbox Shares Fall 5% Despite Beat and Raise Quarter Glu Mobile Posts Record-Breaking Revenue; Shares Up 27% Uber Posts Worse-Than-Feared Loss On Weak Rides Demand; Wedbush Raises PT More recent articles from Smarter Analyst: * T-Mobile Sales Soar 74% On Record Subscriber Growth; Shares Gain 5.4% * Take-Two In Bid To Snap Up Codemasters In $973M Videogaming Deal * Analog Devices Resumes Share Buyback Plan, Street Stays Bullish * Malibu Boats Dips 6% On Sales Outlook; Street Bullish
SmarterAnalyst · 11/09 06:13
GoPro Stock Soars 19% as New Camera Drives Better-Than-Expected Profits
GoPro shares are flying on Friday after the specialty video-camera company posted third-quarter financial results that were dramatically better than the company had previously projected.
Barrons.com · 11/06 18:10
Morgan Stanley Maintains Underweight on GoPro, Raises Price Target to $4.8
Morgan Stanley maintains GoPro (NASDAQ:GPRO) with a Underweight and raises the price target from $3.8 to $4.8.
Benzinga · 11/06 16:27
GoPro Subscriptions, New Products Fuel 3rd-Period Profit Beat
GoPro shares soar after its third-quarter report shows growing subscriptions and a new-product launch.
TheStreet.com · 11/06 14:43
ACB, TTD, TLRY and NET among premarket gainers
FTS International (FTSI) +67% after successful confirmation of plan of reorganization.Mogo (MOGO) +58% after announcing MogoSpend supports Apple Pay, Google Pay and Samsung Pay.GoPro (GPRO) +21% on Q3 results.Glu Mobile (GLUU) +17% on Q3 results.Aurora Cannabis (ACB) +16%.Applied
Seekingalpha · 11/06 13:22
GoPro Q3 Adj. EPS $0.20 Beats $0.06 Estimate, Sales $281.00M Beat $234.50M Estimate
GoPro (NASDAQ:GPRO) reported quarterly earnings of $0.20 per share which beat the analyst consensus estimate of $0.06 by 233.33 percent. This is a 147.62 percent increase over losses of $(0.42) per share from the same
Benzinga · 11/05 21:24
GoPro EPS beats by $0.14, beats on revenue
GoPro (GPRO): Q3 Non-GAAP EPS of $0.20 beats by $0.14; GAAP EPS of $0.02 beats by $0.09.Revenue of $280.51M (+113.9% Y/Y) beats by $61.11M.Adjusted EBITDA of $39.18M vs. consensus of
Seekingalpha · 11/05 21:09
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About GPRO
GoPro, Inc. (GoPro) produces cameras and mountable and wearable accessories. The Company's product offerings include HERO5, which is a line of cloud-connected cameras featuring image stabilization, telemetry, cloud connectivity and voice control; GoPro Plus, which is a cloud-based storage solution that enables subscribers to access, edit and share content; Quik, which is a mobile editing application that creates edits on a smartphone; Capture, which is a mobile application that allows users to preview and play back shots, control their GoPro cameras and share content on the fly using their smartphones; Karma, which is its compact and foldable drone and versatile stabilization solution that includes the Karma controller, and camera stabilizer, and it all fits in a custom backpack, and Karma Grip, which is a handheld, body-mountable camera stabilizer. It also offers a full ecosystem of mountable, wearable and voice activated accessories.
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