GPRO - GoPro Non-GAAP EPS of $0.09 beats by $0.03 revenue of $217M in-line

GoPro press release (NASDAQ:GPRO): Q1 Non-GAAP EPS of $0.09 beats by $0.03. Revenue of $217M (+6.4% Y/Y) in-line. GoPro Subscribers up 85% year-over-year to 1.74 million Cash & Investments Increased 52% Y/Y to $450M. GAAP and non-GAAP gross margin was 41.8% and 42.0% respectively, up from the prior year period at 38.6% and 39.2%, respectively. Adjusted EBITDA was $21 million, or 10% of revenue, compared to $11 million, or 5% of revenue in the prior year period.

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GoPro Non-GAAP EPS of $0.09 beats by $0.03, revenue of $217M in-line