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Jun 30, 2022
GoPro Q2 2022 Earnings Report
GoPro's Q2 2022 financial results were announced, revealing a 65% year-over-year increase in subscribers to 1.91 million, along with GAAP EPS of $0.02 and non-GAAP EPS of $0.08.
Key Takeaways
GoPro's Q2 2022 financial results showed slight revenue growth and strong subscription increases, but a decrease in net income compared to the previous year.
Revenue was $251 million, a slight increase year-over-year.
GoPro.com revenue increased 9% year-over-year to $95 million, representing 38% of total revenue.
Subscription and service revenue increased 71% year-over-year to $20 million.
GoPro subscriber count increased 65% year-over-year to 1.91 million.
GoPro
GoPro
Forward Guidance
GoPro expects upcoming hardware and software launches in the second half of 2022 to contribute to continued profitability and subscription growth.