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GoPro (GPRO) Reports Q4 Loss, Tops Revenue Estimates
GPROGoPro(GPRO) ZACKS·2025-02-06 23:36

Core Viewpoint - GoPro reported a quarterly loss of 0.09pershare,whichwasbetterthantheZacksConsensusEstimateofalossof0.09 per share, which was better than the Zacks Consensus Estimate of a loss of 0.11, indicating an earnings surprise of 18.18% [1] Financial Performance - GoPro's revenues for the quarter ended December 2024 were 200.88million,surpassingtheZacksConsensusEstimateby0.87200.88 million, surpassing the Zacks Consensus Estimate by 0.87%, but down from 295.42 million year-over-year [2] - The company has exceeded consensus EPS estimates for the last four quarters [2] Stock Performance and Outlook - GoPro shares have not appreciated since the beginning of the year, contrasting with the S&P 500's gain of 3.1% [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it is expected to perform in line with the market in the near future [6] Earnings Estimates - The current consensus EPS estimate for the upcoming quarter is -0.08onrevenuesof0.08 on revenues of 137.57 million, and for the current fiscal year, it is 0.07onrevenuesof0.07 on revenues of 760.68 million [7] Industry Context - The Audio Video Production industry, to which GoPro belongs, is currently in the top 21% of over 250 Zacks industries, indicating a favorable industry outlook [8]