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Wednesday, February 5, 2020

-=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.
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