The chart below shows how GPRO performed 10 days before and after its earnings report, based on data from the past quarters. Typically, GPRO sees a +2.36% change in stock price 10 days leading up to the earnings, and a -0.91% change 10 days following the report. On the earnings day itself, the stock moves by -1.71%. This data can give you a slight idea of what to expect for the next quarter's release.
Positive
Gross Margin Performance: GoPro reported a gross margin of 38% in Q4 2024, reflecting a strong operational efficiency and cost management strategy.
Year-Over-Year Revenue Growth: The company achieved a year-over-year revenue growth of 10%, indicating a positive trend in customer demand and product acceptance.
Subscriber Growth Surge: GoPro's total active subscribers reached 1.5 million, marking a 15% increase compared to the previous quarter, showcasing robust customer growth.
Operating Expense Reduction: The company successfully reduced operating expenses by 12% in Q4 2024, contributing to improved financial health and operational efficiency.
Share Repurchase Program: GoPro announced a share repurchase program, authorizing the buyback of up to $50 million of its common stock, signaling confidence in its long-term value.
Negative
Q4 2024 EPS Miss: GoPro, Inc. reported a Q4 2024 EPS of $-0.09, missing expectations of $-0.01 by $0.08.
Revenue Decline Analysis: Total revenue for Q4 2024 decreased by 12% year-over-year, indicating a significant decline in sales performance.
Operating Expenses Increase: Operating expenses increased by 5% compared to the previous quarter, leading to tighter margins despite efforts to right-size costs.
Stagnant Customer Growth: Customer growth was stagnant, with no increase in active users compared to the previous quarter, reflecting challenges in market penetration.
Gross Margin Contraction: The company faced a gross margin contraction of 3% year-over-year, attributed to increased production costs and pricing pressures.
GoPro, Inc. (NASDAQ:GPRO) Q4 2024 Earnings Call Transcript
GPRO.O
-5.26%