-=GoPro (GPRO) reported earnings on Wed 7 Feb 24 (a/h)

SAN MATEO, Calif. (AP) — SAN MATEO, Calif. (AP) — GoPro Inc. (GPRO) on Wednesday reported a loss of $2.4 million in its fourth quarter.

The San Mateo, California-based company said it had a loss of 2 cents per share. Earnings, adjusted for one-time gains and costs, came to 2 cents per share.

The results did not meet Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 3 cents per share.

The action video camera maker posted revenue of $295.4 million in the period, also falling short of Street forecasts. Four analysts surveyed by Zacks expected $327 million.

For the year, the company reported a loss of $53.2 million, or 35 cents per share. Revenue was reported as $1.01 billion.

Earnings this week : Feb 5 - 9, 24 (wk 6)

Monday (Feb 5)

• Morning: AMG APD ALGT CAT CNA EL IDXX MCD NSSC ON SPHR TKR TSN
• Afternoon: ACM AMKR BRBR CBT CHX CHGG COHR CCK FN FMC GBDC HI JJSF KFRC KRC NXPI PLTR  RMBS SPG SSD SKY SYM VRNS VRTX

Tuesday (Feb 6)

• Morning: AGCO AME ARMK ARCB ATHM BP CARR CNC CRNC CHKP CTS CMI DCPH DD LLY ENR FSV FI ULCC IT GEHC HLNE HTZ HIMX INGR J KKR LEA LIN MSGS NJR NVT PJT PDS PINC SCSC ST SPR SPOT TW VVV WAT WFRD WTW XYL
• Afternoon: ATEN AEIS AB AOSL DOX AFG AMGN ARWR AZPN AIZ ATO AZEK CSL CMG CINF CRUS CNO CTSH DHT DIOD DEI ELF EW ENPH EQH ESS EXEL F FTNT FRSH GILD HRB HIW ICHR IEX INSP INTA JKHY KD LUMN MRCY MSTR MODN NBR OI OMC PRU QGEN REXR SIMO SNAP SONO TENB UDR VFC VREX VLTO VSAT VOYA WERN WU YUMC ZWS

Wednesday (Feb 7)

• Morning: ADNT BABA ARCC BERY BG CG CDW CRTO CVS DAY EPC EMR EEFT FOXA GPRE GFF HAIN HLT KMT MAC MSGE MCFT NBIX NYT OMF PAG PFGC PERI RDWR REYN RITM RBLX SMG SLAB TGI TTMI VSH XPO YUM
• Afternoon: ALL ARM ASGN ACLS AZTA BKH CFLT CPA CXW COTY CUZ CSGS EGP EHC ENS NVST EFX EG FAF FR FLT FLNC FORM GL GPRO HMN KN MAT MMS MCK MAA MKSI MC MOH MPWR MUSA NFG NTGR NWSA ORLY OHI OSCR PAYC PYCR PYPL PDM QNST RDN RPD RRR RRX STE STC SU TTGT UBER VKTX DIS WYNN

Thursday (Feb 8)

• Morning: WMS APO MT ARES ARW ABG AZN AXTA BAX BCE BDC BTU BWA CIGI COP CYBR DTE DUK DT GTES HAE HOG HSY NSP ICE IPG ITT K KVUE KIM LSPD LNC LITE MAS MDU NNN PATK PM PBH RL RBC RXO SPGI SNA SWI SPB SAVE TROW TPX TPR THC TDG UAA WMG WEX ZBH
• Afternoon: AFRM ATR BAP BILL BYD CDP CLSK CPRI DOCS DXCM ESE EXPE FE FLO G ILMN LEG MHK MSI MTD MWA NET OMCL ONTO OWL PCTY PEAK PECO PI PINS POWI PRO RAMP REG SPSC STEP SYNA TEX TFII TTWO VRSN

Friday (Feb 9)

• Morning: AMCX CTLT ROAD EMBC ESNT MGA COOP NWL PEP PAA PRLB SXT WPC

-=GoPro (GPRO) reported earnings on Wed 5 Feb 20 (a/h)

GoPro misses by $0.09, misses on revs; CFO McGee adds COO role

Reports Q4 (Dec) earnings of $0.70 per share, $0.09 worse than the S&P Capital IQ Consensus of $0.79; revenues rose 40.0% year/year to $528.3 mln vs the $565.94 mln S&P Capital IQ Consensus. Non-GAAP gross margin for Q4 2019 was 38.6%, up from 38.4% in the prior year.

Additionally, Brian McGee, who has served as GoPro's Chief Financial Officer since March 2016, has been appointed to Chief Operating Officer in addition to his ongoing role as Chief Financial Officer, effective February 3, 2020.

Earnings this week : Feb 3 - 7, 20 (wk 6)

Monday (Feb 3)

• Morning: ACM AMG ABG CTLT CHKP NSSC ON SASIA SYY
• Afternoon: ARE GOOG AFG BECN CBT EZPW FN HLIT HIG HP HXL HLI KMT KRC LEG MTSC NXPI PAHC PCH RBC SSD SXI VVV WWD

Tuesday (Feb 4)

• Morning: ATI AXE ARMK ATKR BDC TECH BP CNC CLX CMCO COP CSWI CTS CMI EXP ETN EMR ENTG AQUA IT HAE HLNE HUBB JHG LHX LANC LII LITE MCK MTG MSGN PBI PINC RL ROLL RCL SPG SIRI SNE TDG VSH GRA WDR WAT ZBH

Mon pm & Tue am (by vol) : https://finviz.com/screener.ashx?v=211&t=ARE,GOOG,AFG,BECN,CBT,EZPW,FN,HLIT,HIG,HP,HXL,HLI,KMT,KRC,LEG,MTSC,NXPI,PAHC,PCH,RBC,SSD,SXI,VVV,WWD,ATI,AXE,ARMK,ATKR,BDC,TECH,BP,CNC,CLX,CMCO,COP,CSWI,CTS,CMI,EXP,ETN,EMR,ENTG,AQUA,IT,HAE,HLNE,HUBB,JHG,LHX,LANC,LII,LITE,MCK,MTG,MSGN,PBI,PINC,RL,ROLL,RCL,SPG,SIRI,SNE,TDG,VSH,GRA,WDR,WAT,ZBH&ta=0&o=-volume

• Afternoon: EGHT ATGE AFL ALL DOX AINV APAM ATO BOOT CDK CERN CMG CB TCS CCK ESE ETH FISV F GTES GNW GILD GL THG HIW IPHI JKHY KLAC KN MANH MTCH MDU MCHP MODN MWA NBIX NEWR OI OLN PCTY CNXN PDM PAA PAGP PLT PWL PRU QGEN RRR RNR SCSC STX SNAP SWI TENB UNM USNA VIAV DIS YRCW ZAYO

Wednesday (Feb 5)

• Morning: ABB AME BMI BSX CPRI CG COTY DTE ENR FSV GM GPI HUM KFRC MHO MCFT MRK NS NVT BTU PAG PFGC SR SPOT SUM TMHC TKR UMC WD
• Afternoon: ADTN AOSL UHAL ANGI AVB ACLS CCMP CENT CDAY CINF CTSH COHR CUZ CSGS CUB DHT ECHO ELF ENS FEYE FLO FMC FORM FOXA GLUU GPRO GRUB HI ICHR IAC IRBT LCI LNC RAMP MTRX MXL MET MC MPWR NTGR NUAN ORLY OHI PAYC PTON QCOM  QNST RDN RYN RGLD SONO SAVE SU TBI TTMI TWLO TWO UGI WERN YUMC ZNGA

Thursday (Feb 6)

• Morning: ABMD WMS AGCO ALNY MT ARCH ARW BLL BCE BDX BGCP BV BCO BMY CAH CDW CI COR DNKN EIGI EL FCAU GLOP GLT HL  EAF HAIN ICE K KEM MAC MMS MPW MDP NRX NYT NGL NJR NOK ODFL PTEN PENN PM PBH PRLB REGN SPGI SNY SNA TPR TGI TWTR TSN USX VSTO WLTW WWE XYL YUM
• Afternoon: TWOU ATVI ASYS BIDU BHE BILL BKH BRKS CSL CCS COLM OFC DLX DXC EGP EGAN ENTA EHC EXPO FLT FSCT FTNT FTV FWRD G HUBG IQ LMAT LGND LFG.A MTW MTD MOBL MSI MYGN NOV NTUS UEPS NWSA NLOK OMCL ONTO PMT PINS POST PRO SGEN SIMO SKX SYNA TTWO TDC TSE UBER VRSN VVI VSAT VRTU VCRA WYNN ZEN

Friday (Feb 7) 

• Morning: ABBV AVTR CAE CCJ CBOE CNHI GOOS ROAD UFS FE GRC HMC

=GoPro (GPRO) lowers Q4 revenue forecast, cuts more than 250 jobs

(Reuters) - GoPro Inc said on Monday it expects fourth-quarter revenue to fall below its earlier forecast and lowered the price of its Hero6 cameras due to weak demand, and the action camera-maker also said it would cut more than 250 jobs.

GoPro, whose cameras and drones are mostly used by sports junkies and travel enthusiasts, cut the price of its Hero6 cameras to $399 from $499 and said that would hurt revenue by around $80 million in the current quarter.

The company now expects fourth-quarter revenue of $340 million, compared with its projection of $470 million, plus or minus $10 million, in November.

GoPro, once a Wall-Street favorite, has been facing a decline in demand for its cameras and karma drones for several quarters, including for its Hero5 cameras in the latest holiday season.

"Despite significant marketing support, we found consumers were reluctant to purchase HERO5 Black at the same price it launched at one year earlier," Chief Executive Nicholas Woodman said in a statement.

Morgan Stanley said in a research note earlier Monday that the price cut for the Hero6 camera would make earnings growth difficult in fiscal 2018.

GoPro said it would lower its workforce to fewer than 1,000 employees from 1,254 currently. It expects a restructuring charge of $23 million to $33 million, including about $13 million to $18 million for the job cuts, in the first quarter.

TechCrunch said last week that GoPro cut 200-300 jobs from its aerial division, which makes the Karma drones.

=GoPro (GPRO) reported earnings on Thur 2 Feb 2017 (a/h)

GoPro beats by $0.05, misses on revs; guides Q1 revs below consensus  :

• Reports Q4 (Dec) earnings of $0.29 per share, $0.05 better than the Capital IQ Consensus of $0.24; revenues rose 23.8% year/year to $540.62 mln vs the $576.06 mln Capital IQ Consensus.
  • Non-GAAP Gross Margin 39.5% (Guidance 39-41%)
  • Social media views of GoPro content reached approximately 238 million, up over 40% year-over-year, driven by a 160% year-over-year increase in views on Facebook.
• Co issues downside guidance for Q1, sees Q1 revs of $190-210 mln vs. $271.40 mln Capital IQ Consensus Estimate.
  • GAAP and non-GAAP gross margin in the low 30% range
  • Non-GAAP operating expenses of between $145 million and $155 million
• 2017
  • Non-GAAP operating expenses below $600 million (Prior guidance was ~ $650 mln)

=GoPro (GPRO) reported earnings on Thur 3 Nov 2016 (a/h)

GoPro misses by $0.26, misses on revs; guides Q4 EPS below consensus, revs below consensus; lowers FY16 rev guidance; Pushes profitability expectations out from Q4 into FY17 :

• Reports Q3 (Sep) loss of $0.60 per share, excluding non-recurring items, $0.26 worse thanthe Capital IQ Consensus of ($0.34); revenues fell 39.9% year/year to $240.56 mln vs the $312.73 mln Capital IQ Consensus.
  • Gross Margin 40.6% (Guidance 39-41%)
• Co issues downside guidance for Q4, sees EPS of $0.25-0.35, excluding non-recurring items, vs. $0.45 Capital IQ Consensus Estimate; sees Q4 revs of $600-650 mln, excluding non-recurring items, vs. $669.83 mln Capital IQ Consensus Estimate.
• Co issues downside guidance for FY16, sees FY16 revs of $1.25-1.30 bln (Prior $1.35-1.50 bln) vs. $1.39 bln Capital IQ Consensus Estimate.
• 2017
  • "Looking forward to 2017, we expect to return to profitability, driven by the strength of our new products, double digit revenue growth and annual operating expenses of approximately $650 million."
  • Double digit year-over-year revenue growth
  • GAAP operating expenses of approximately $735 million
  • Non-GAAP operating expenses of approximately $650 million
  • GAAP net loss
  • Non-GAAP net income profitable

Great trade : GPRO +17% (9/16)

• 9/15:  1, 3-5, 12, 15, 22, 37, 52, 59

GoPro (GPRO) reported earnings on Wed 28 Oct 2015 (after close)

** charts before earnings **

** chart 2 days after earnings **

Ambarella (AMBA) reports earnings on Tue 9/1/15 a/h

** charts before earnings **

  

** charts after earnings **

GoPro (NASDAQ:GPRO) sports camera chipmaker Ambarella reported Q2 revenue late Tuesday that beat Wall Street forecasts, and earnings more than doubled.

But Ambarella (NASDAQ:AMBA) stock continued a nose-dive in after-hours trading Tuesday, after CFO George Laplante guided to flat wearable camera revenue for Q3 during the company's earnings conference call. And the company's fiscal Q3 revenue outlook lagged analyst estimates. Ambarella stock was down 9% after hours, after falling more than 6% in Tuesday's rough regular session.

In Q2, Ambarella completed its $30 million acquisition of privately held VisLab, an Italian company specializing in autonomous vehicles. With the acquisition, Ambarella took on 29 new researchers and gained more than 20 years' experience in the industry, Wang said.

Santa Clara, Calif.-based Ambarella is a chip leader in the fast-emerging drone market. Last week, investors "overreacted," according to one analyst, when rumors that competitor Qualcomm (NASDAQ:QCOM) might be preparing to enter the market for chips used in flying cameras, or drones, helped sink Ambarella's stock to a nearly four-month low.

That analyst said neither Qualcomm nor Sony (NYSE:SNE) — which also recently announced a drone program — could compete with Ambarella's technology.

Investors interpreted the comments from Ambarella management to mean that GoPro camera demand is slowing down.

GPRO daily (after AMBA earnings)

© Artremis / Eva Sawicka (9/1/15)

GoPro (GPRO) -- is it a buy?

9/1/15:  Is GPRO a buy here?

9/11/15:  10 days later

 9/21/15:  10 days after that

 
9/30/15:  10 days after that (and after earnings on 9/28)

GPRO reached a top of ~ $98 on 9/30/15, and has been sliding since.  No buy signal yet...

Great trade : GoPro (GPRO) (9/14)

Strike	Price	Change	Bid	Ask	Volume	Open Int

40.00

0.90

+0.33

0.80

1.00

377

371

=== great trade : 6 weeks later :  +125%  ====

Update 11/7/15:

GPRO went up for a couple more days and reached a high of $98 on 10/6/14.

In the following year, it lost 75%.

GoPro (GPRO) reported first earnings on July 31, 2014