Gopro, Inc. Provides Earnings Guidance for the Third Quarter of 2022
August 04, 2022 at 04:11 pm EDT
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GoPro, Inc. provided earnings guidance for the third quarter of 2022. The company expects to deliver third quarter 2022 revenue of approximately $300 million, down 5% year-over-year based on the midpoint of guidance, which reflects 5% growth in ASPs and a 10% decline in units. The company expects to deliver EPS between $0.15 and $0.19, down from $0.34 in third quarter of 2021, with a $0.06 Fx impact embedded in third quarter 2022 guidance.
GoPro, Inc. produces cameras, and mountable and wearable accessories. The Company offers a family of flagship cameras, including its cloud connected HERO12 Black, HERO11 Black, HERO11 Black Mini, HERO10 Black, HERO10 Black Bones, HERO9 Black, and MAX cameras. HERO12 Black is a waterproof camera, featuring a GP2 processor and HyperSmooth 6.0 image stabilization. MAX is a 360-degree waterproof camera featuring MAX HyperSmooth image stabilization, 360-degree MAX TimeWarp Video, MAX SuperView, PowerPano, audio, live streaming, voice control and a front facing touch display. Its subscription service offers full access to the video and photo editing features in the new Quik desktop app and Quik mobile app. It offers mobile, desktop and Web applications that provide a media workflow for archiving, editing, multi-clip story creation, and sharing content on the fly. It also offers a lifestyle gear lineup that melds its signature design and versatility across a line of bags, backpacks and cases.
GOPRO, INC. 
