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Sep 30, 2021
GoPro Q3 2021 Earnings Report
Announced strong Q3 2021 results with revenue up 13% year-over-year and significant growth in subscribers and earnings.
Key Takeaways
GoPro reported a strong third quarter with revenue of $317 million, a 13% increase year-over-year. The company's GAAP EPS was $1.92, and non-GAAP EPS was $0.34. GoPro's subscriber base grew significantly, and the company achieved its highest gross margins since 2015.
Revenue was $317 million, up 13% year-over-year.
GAAP EPS was $1.92, and non-GAAP EPS was $0.34.
GoPro subscribers increased by 168% year-over-year to 1.34 million.
GAAP and non-GAAP gross margins were 43.6% and 43.8%, respectively.
GoPro
GoPro
GoPro Revenue by Segment
Forward Guidance
GoPro raised its margin and profitability outlook for the year.