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GoPro makes cameras intended to be used for rough-and-tumble endeavors. The company introduced a subscription offering and is now expanding its product line to appeal to more customers.
SAN MATEO, Calif. , June 12, 2024 /PRNewswire/ -- Today, GoPro (NASDAQ: GPRO) announced that it has surpassed 50 million cameras sold since the launch of its ground-breaking HD HERO camera back in 2009.
GoPro (GPRO) reported earnings 30 days ago. What's next for the stock?
GoPro stock has lost the majority of its value since hitting public markets. Should investors believe in management's turnaround strategy or stay far away?
GoPro sells ultra-tough cameras and subscription services tied to those devices. The company's subscription numbers have stalled of late.
GoPro is working on two key business goals: broadening its appeal and building a subscription business. Early success on the subscription front was encouraging, but things have simmered down lately.
Shares of camera maker GoPro have plunged more than 50% over the past year. The company is revamping its business to offer more services and products.
Review GoPro's (GPRO) international revenue performance and how it affects the predictions of financial analysts on Wall Street and the future prospects for the stock.
GoPro's revenue is falling, and losses are growing. As losses grow and the stock falls, the financing options get harder to swallow.
GoPro (GPRO) reports higher retail and subscription revenues in the first quarter, whereas revenues from GoPro.com fall considerably. The company remains focused on strategic efforts to drive growth.