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GoPro, Inc. (GPRO)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
1.3400+0.0800 (+6.35%)
At close: 04:00PM EDT
1.3400 0.00 (0.00%)
After hours: 07:56PM EDT
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Trade prices are not sourced from all markets
Previous Close1.2600
Open1.2700
Bid1.3200 x 1000
Ask1.3500 x 1000
Day's Range1.2700 - 1.3600
52 Week Range1.1600 - 3.8000
Volume1,281,226
Avg. Volume1,820,508
Market Cap204.658M
Beta (5Y Monthly)1.61
PE Ratio (TTM)N/A
EPS (TTM)-2.6000
Earnings DateNov 05, 2024 - Nov 11, 2024
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est1.35
  • Zacks

    GoPro (GPRO) Undertakes 15% Workforce Reduction Strategy

    GoPro (GPRO) initiates a restructuring plan of reducing 15% of its workforce by the end of 2024 to address financial challenges and competitive pressures.

  • Verdict

    GoPro unveils 15% workforce reduction as part of restructuring plan

    The company expects the job cuts impacting around 139 positions to begin in the Q3 and be completed by the end of 2024.

  • Reuters

    GoPro to cut 15% of workforce in restructuring push

    The company expects to take charges in the range of $5 million to $7 million for the restructuring plan, with cash expenses of $1 million to be recognized in the third quarter and about $4 million to $6 million in the fourth quarter of 2024. Earlier this month, GoPro reported revenue of $186 million for second quarter, down 22.7% compared to last year and operating expenses of $103 million, an increase of 5% from a year ago. The U.S. International Trade Commission said in May it was launching a probe into GoPro's claims that patents for its cameras, systems and accessories were being violated by Chinese firm Arashi Vision as the company imported similar products into the United States.