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Article Date: May 2025
Word Count: 225

GoPro Posts Another Huge Loss in Q1


Net loss narrowed at the action camera maker to $46,709,000 in the first quarter from a loss of $339,088,000 on revenues that were down 14% to $134,308,000 compared to $155,469,000. In the prior year period, GPRO was hit with a $295 million tax valuation allowance that dinged the bottom line. By region, Americas sales improved 7% to around $82.0 million, and were up 12% in the U.S., accounting for $63.0 million. EMEA declined by 23% to about $40.0 million, and APAC tumbled 54% to approximately $12.5 million. Sell-through was down 18% ... Log in to view full article.

 


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