Recap: GoPro Q1 Earnings

GoPro GPRO reported its Q1 earnings results on Tuesday, May 9, 2023 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

GoPro missed estimated earnings by 28.57%, reporting an EPS of $-0.18 versus an estimate of $-0.14.

Revenue was down $41.98 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.03 which was followed by a 11.92% drop in the share price the next day.

Here's a look at GoPro's past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 0.09 0.16 0.07 0.06
EPS Actual 0.12 0.19 0.08 0.09
Revenue Estimate 322.80M 297.37M 240.16M 217.10M
Revenue Actual 321.02M 305.13M 250.69M 216.71M

To track all earnings releases for GoPro visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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