GPRO - GoPro Non-GAAP EPS of -$0.18 misses by $0.04 revenue of $174.72M beats by $9.57M

2023-05-09 16:11:14 ET

• GoPro press release ( NASDAQ: GPRO ): Q1 Non-GAAP EPS of -$0.18 misses by $0.04 .
• Revenue of $174.72M (-19.5% Y/Y) beats by $9.57M .
• Shares +1% .

• GoPro Subscribers Grew 36% Year-over-Year to 2.36 million

  Subscription and Service Revenue of $23 million, up 24% Year-over-Year

• • Attach rate via our app from cameras purchased at retail was approximately 50% in the quarter, up from 39% a year ago, a 23% improvement.
  • Q1 2023 Street ASP was $378, a 9% decrease year-over-year, and $394 as estimated on a constant currency basis, down 5% year-over-year.
  • Days' sales outstanding was 29 days or flat compared to the prior year period.

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