All GoPro articles – Page 2

Analysis

Sporting Goods Industry Scorecard 2021

2022-04-22T11:51:00Z

Exclusive: We give you an overview of top performers by sales and profit.

Article

GoPro is back in the black, as subscriptions gain traction

2022-02-07T08:09:00Z

The first year of GoPro’s Direct-To-Consumer subscription strategy was a wild success by any measure for the American producer of action cameras. Revenues in 2021 grew 30 percent year-over-year to $1.16 billion as subscriptions rose by 107 percent. The company currently has approximately 1.6 million total subscribers paying $49.99 monthly ...

Infographics & Data

The largest Sports Equipment Brands 2020

2021-09-02T15:08:00Z

This chart shows the revenue development of the 41 major global sports equipment brands in 2020 vs 2019. The chart and data can be downloaded. This is exclusive data and analysis for Premium Members.

Infographics & Data

Best-performing sports brands in the German online market

2021-06-24T06:38:00Z

This is an extract of the research study The sports brands winning the online race in Germany in which we analysed 60 leading sports brands in Germany.

Article

High-end cameras and subscriptions pull up GoPro

2021-05-09T21:26:00Z

GoPro said its revenues surged by 71 percent to $204 million in the first quarter to March 31 on the back of increasing demand for its higher-end cameras and a rise in customers’ subscriptions. The company reported a net loss of $10.2 million for the period, down sharply from a ...

Article

GoPro sees major upsides with subscriptions

2021-03-02T17:04:00Z

GoPro told a conference organized by JMP Securities that it expects its revenues to improve by 20 to 25 percent this year, even if there is no broad economic recovery and no increase in travel, thanks in part to the development of its direct-to-consumer operations. As previously reported, GoPro suffered ...

Article

GoPro’s Q4 revenues miss estimates, but subscriber numbers soar

2021-02-05T18:45:00Z

GoPro posted weaker-than-expected fourth-quarter revenue as Covid infections and tighter restrictions hit Christmas sales, but it remained upbeat over plans to become a subscription-based direct-to-consumer (DTC) operation. The action camera maker reported revenues of $358 million in the three months to Dec. 31, down 32 percent from a year earlier ...

Article

GoPro swings to a profit

2020-11-06T18:24:00Z

The American action camera specialist managed to post a profit for the third quarter thanks to a more intense direct-to-consumer (DTC) approach and strong sales of new products, which helped boost total revenues by 114 percent to $280.51 million. Analysts expected revenues of $234.5 million. GoPro’s net income for the ...

News briefs

Latest GoPro camera boosts subscriptions, confirming DTC push

2020-10-07T16:48:00Z

GoPro reported that high demand for its latest action camera, the Hero9 Black, has pushed the number of paying GoPro subscribers past the 500,000 milestone. With the vast majority of consumers purchasing the new camera through the company’s website along with an annual paid GoPro subscription, which includes unlimited cloud ...

Article

GoPro’s losses widen

2020-08-10T11:46:00Z

The U.S. action camera brand’s sales tumbled by 54.1 percent in the second quarter to $134.2 million, while the gross margin contracted by 4.6 percentage points to 30.3 percent. Adjusted Ebitda was negative $22 million, compared to $14 million in the same period a year ago. The company’s net loss ...

News briefs

GoPro launches lifestyle accessories and clothing

2020-07-30T09:14:00Z

GoPro has launched a new line of lifestyle gear that is available worldwide exclusively on GoPro.com. The all-new range includes functional bags, backpacks and cases, clothing and other products such as floating sunglasses and water bottles. First up in the lifestyle line-up is a series of bags that range from ...

News briefs

GoPro‘s Hero8 Black now works as an HD webcam

2020-07-10T09:34:00Z

GoPro announced that its flagship Hero8 Black camera now functions as a 1080p high-definition, wide-angle webcam. Users can update their Hero8 Black with a beta release of the new firmware and install the new GoPro Webcam desktop utility to use their camera as a webcam. The utility is now available ...

News briefs

GoPro’s VP of design steps down

2020-05-28T13:13:00Z

According to Bloomberg, GoPro’s vice president of design, Danny Coster, departed “earlier this year,” after a four-year stint. He was previously with Apple. As we have reported, GoPro had a turnover of $119 million in its first quarter of this year, down from $243 million in the year-ago period. Partly ...

News briefs

GoPro’s sales are cut by more than half

2020-05-08T08:41:00Z

In line with its previous warning, GoPro reported a turnover of $119 million in the first quarter, more than half the $243 million level of the year-ago period. The transition to a more efficient and profitale direct-to-consumer model reduced operating expenses mitigating the decline in the gross margin, which was ...

Article

GoPro will focus more on DTC

2020-04-21T19:33:00Z

While cutting costs, GoPro has decided to shift more of its business to the direct-to-consumer (DTC) channel as its sales have gone down because of the quarantine-shuttered brick-and-mortar retail sector. Accordingly, the American brand of action cameras has hired a chief digital officer – Aimée Lapic, former chief marketing officer ...