GoPro, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 04, 2022 at 04:05 pm EDT
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GoPro, Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was USD 250.69 million compared to USD 249.59 million a year ago. Net income was USD 2.52 million compared to USD 16.95 million a year ago. Basic earnings per share from continuing operations was USD 0.02 compared to USD 0.11 a year ago. Diluted earnings per share from continuing operations was USD 0.02 compared to USD 0.1 a year ago.
For the six months, sales was USD 467.39 million compared to USD 453.27 million a year ago. Net income was USD 8.2 million compared to USD 6.78 million a year ago. Basic earnings per share from continuing operations was USD 0.05 compared to USD 0.04 a year ago.
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. 
