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Gopro: From bad to worse
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  • markr041markr041

    GoPro Hero 8 $299, direct from GoPro. No trade-in needed.:

    https://gopro.com/en/us/shop/cameras/hero8-black/CHDHX-801-master.html/#hero8black

    Still is superior in many ways to any of the alternatives that have popped up.

  • Vitaliy_KiselevVitaliy_Kiselev

    @markr041

    It is not so many alternatives available.

  • Vitaliy_KiselevVitaliy_Kiselev

    On real GoPro usage

  • EspenBEspenB

    GoPro needs USD 100 mill to continue operations.

    https://investor.gopro.com/press-releases/press-release-details/2020/GoPro-to-Offer-100.0-Million-of-Convertible-Senior-Notes-due-2025/default.aspx

    "GoPro intends to use a portion of the net proceeds to pay the cost of the capped call transactions described below. GoPro intends to use the remaining net proceeds for general corporate purposes, which may include, among other things, repaying indebtedness and expanding its current business through acquisitions of, or investments in, other businesses, products or technologies. However, GoPro has no commitments with respect to any such acquisitions or investments at this time."

    Seeking Alpha: GoPro trades lower after disclosing new convertible note offering

    Nov. 18, 2020 4:24 PM ETGoPro, Inc. (GPRO)By: Clark Schultz, SA News Editor1 Comment GoPro (NASDAQ:GPRO) is down 6.15% in AH trading after the company announces a $100M offering of convertible senior notes due 2025.

    The offering is being made through a private placement.

    GoPro intends to use a portion of the proceeds to pay the cost of certain capped call transactions. The company intends to use the remaining proceeds for general corporate purposes.

  • Vitaliy_KiselevVitaliy_Kiselev

    GoPro, an internationally renowned manufacturer of action cameras, has reported operations in the first quarter of the current fiscal year, which closed on March 31st. The report indicates that GoPro continues to incur losses, although they are decreasing.

    Revenue for the three-month period amounted to $203.68 million against $119.40 million a year earlier. Thus, according to this indicator, an increase of 70.6% was recorded.

    Generally Accepted Accounting Principles (GAAP) net quarterly losses were $10.17 million. By comparison, in the first quarter of last year, losses were significantly higher at $ 63.53 million. Thus, the net loss was reduced by more than six time.

    It is noted that in April this year, the number of GoPro subscribers exceeded the milestone mark of 1 million. Sales of cameras during the past quarter were at about 700 thousand units.

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