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Jun 30, 2021
GoPro Q2 2021 Earnings Report
GoPro's subscription-centric strategy delivered stellar results with improved margins and substantial year-over-year revenue growth.
Key Takeaways
GoPro reported strong Q2 2021 results, with revenue up 86% year-over-year to $250 million. The company achieved GAAP net income of $17 million, or $0.10 per share, and non-GAAP net income of $20 million, or $0.12 per share. GoPro.com revenue increased 48% year-over-year, and subscriber count grew significantly.
Revenue for Q2 2021 was $250 million, up 86% year-over-year.
GoPro.com revenue increased 48% year-over-year to $88 million.
GAAP net income was $17 million, or $0.10 per share.
GoPro subscribers increased 211% year-over-year to 1,160,000.
Forward Guidance
GoPro is increasing its revenue, margin, and earnings outlook for the second half and full year 2021.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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