GoPro (GPRO) Tops Q4 EPS by 7c; Guides Q1 Revs Below
GoPro (NASDAQ: GPRO) reported Q4 EPS of $0.29, $0.07 better than the analyst estimate of $0.22. Revenue for the quarter came in at $540.62 million versus the consensus estimate of $574.54 million.
GUIDANCE:
GoPro sees Q1 2017 revenue of $190-210 million, versus the consensus of $264.46 million.
First Quarter 2017
- Revenue of $200 million +/- $10 million
- GAAP and non-GAAP gross margin in the low 30% range
- GAAP operating expenses of between $168 million and $178 million
- Non-GAAP operating expenses of between $145 million and $155 million
2017
- GAAP operating expenses below $688 million
- Non-GAAP operating expenses below $600 million
For earnings history and earnings-related data on GoPro (GPRO) click here.
