GoPro's Loss Narrower Than Expected in Q4, Revenues Down Y/Y
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GoPro reported a narrower-than-expected loss for Q4, but revenues were down year-over-year due to lower unit sales. The company anticipates a decline in units and revenue growth in 2025 compared to 2024.
February 07, 2025 | 2:30 pm
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GoPro's Q4 results showed a narrower loss than expected, but revenues declined year-over-year due to lower unit sales. The company projects a decrease in growth for 2025.
The narrower-than-expected loss is a positive sign, but the decline in revenues and the forecasted decrease in growth for 2025 are negative indicators. This mixed performance is likely to result in a short-term negative impact on GoPro's stock price.
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IMPORTANCE 80
RELEVANCE 100