GoPro Files 8-K on Financial Results and Regulation FD Disclosure
Ticker: GPRO · Form: 8-K · Filed: Feb 7, 2024 · CIK: 1500435
| Field | Detail |
|---|---|
| Company | Gopro, INC. (GPRO) |
| Form Type | 8-K |
| Filed Date | Feb 7, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.0001 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: financial-condition, regulation-fd, corporate-update
TL;DR
**GoPro just dropped an 8-K about their financials, so expect some news on their performance.**
AI Summary
GoPro, Inc. filed an 8-K on February 7, 2024, to report on its results of operations and financial condition, as well as to make a Regulation FD disclosure. This filing indicates that GoPro is providing an update on its financial performance, which is crucial for investors to understand the company's current health and future prospects. For shareholders, this matters because it provides timely information about the company's financial standing, which can influence stock price and investment decisions.
Why It Matters
This filing signals that GoPro is updating the market on its financial performance, which is key for investors to assess the company's health and make informed decisions.
Risk Assessment
Risk Level: low — This 8-K is a routine disclosure of financial information and does not inherently present new risks, but rather provides data for investors to assess existing risks.
Analyst Insight
Investors should look for the specific financial details that will be disclosed under 'Results of Operations and Financial Condition' to understand GoPro's recent performance and future outlook. This filing is a precursor to more detailed financial information.
Key Players & Entities
- GoPro, Inc. (company) — the registrant filing the 8-K
- February 7, 2024 (date) — date of earliest event reported and filing date
- Delaware (company) — state of incorporation for GoPro, Inc.
- 001-36514 (company) — Commission File No. for GoPro, Inc.
- 77-0629474 (company) — I.R.S. Employer Identification No. for GoPro, Inc.
- 3025 Clearview Way, San Mateo, CA 94402 (company) — address of Principal Executive Offices for GoPro, Inc.
- (650) 332-7600 (company) — telephone number for GoPro, Inc.
- Class A common stock, par value $0.0001 (company) — type of securities registered by GoPro, Inc.
- GPRO (company) — trading symbol for GoPro, Inc.
- NASDAQ Global Select Market (company) — exchange where GoPro, Inc. securities are registered
FAQ
What is the purpose of this 8-K filing by GoPro, Inc.?
GoPro, Inc. filed this 8-K to report on its 'Results of Operations and Financial Condition' and for 'Regulation FD Disclosure' as of February 7, 2024.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on February 7, 2024.
What is GoPro, Inc.'s trading symbol and on which exchange is its Class A common stock registered?
GoPro, Inc.'s trading symbol is GPRO, and its Class A common stock, with a par value of $0.0001, is registered on the NASDAQ Global Select Market.
What is the business address and phone number of GoPro, Inc. as stated in the filing?
GoPro, Inc.'s business address is 3025 Clearview Way, San Mateo, CA 94402, and its telephone number is (650) 332-7600.
Is GoPro, Inc. considered an emerging growth company according to this filing?
The filing indicates that GoPro, Inc. is NOT checking the box for being an emerging growth company, implying it does not meet that definition.
Filing Stats: 738 words · 3 min read · ~2 pages · Grade level 9.9 · Accepted 2024-02-07 16:09:14
Key Financial Figures
- $0.0001 — stered Class A common stock, par value $0.0001 GPRO NASDAQ Global Select Market Indi
Filing Documents
- gpro-20240207.htm (8-K) — 27KB
- gpro2023-12x31exh991xer.htm (EX-99.1) — 358KB
- gpro2023-12x31exh992xer.htm (EX-99.2) — 67KB
- goproimagev2a01a.jpg (GRAPHIC) — 106KB
- goprologoa23.jpg (GRAPHIC) — 26KB
- gpro-20240207_g1.jpg (GRAPHIC) — 26KB
- 0001500435-24-000011.txt ( ) — 787KB
- gpro-20240207.xsd (EX-101.SCH) — 2KB
- gpro-20240207_lab.xml (EX-101.LAB) — 24KB
- gpro-20240207_pre.xml (EX-101.PRE) — 12KB
- gpro-20240207_htm.xml (XML) — 3KB
02. Results of Operations and Financial Condition
Item 2.02. Results of Operations and Financial Condition. On February 7, 2024, GoPro, Inc. (the "Company") issued a press release to report its financial results for its fourth quarter and year ended December 31, 2023. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K. The information in Item 2.02 of this Current Report on Form 8-K, including Exhibit 99.1, shall not be deemed "filed" for the purposes of Section 18 of the Exchange Act of 1934, as amended ("Exchange Act"), or otherwise subject to the liabilities of that section. The information in Item 2.02 of this Current Report on Form 8-K shall not be incorporated by reference into any filing or other document pursuant to the Securities Act of 1933, as amended ("Securities Act"), except as may be expressly set forth by specific reference in such filing or document.
01. Regulation FD Disclosure
Item 7.01. Regulation FD Disclosure. On February 7, 2024, the Company held a live audio webcast to discuss its financial results for its fourth quarter and year ended December 31, 2023. A copy of management commentary from Nicholas Woodman, the Company's Chief Executive Officer, and Brian McGee, the Company's Chief Financial Officer and Chief Operating Officer, is furnished as Exhibit 99.2 to this report, and is incorporated by reference into this Current Report on Form 8-K. The information in Item 7.01 of this Current Report on Form 8-K, including Exhibit 99.2, shall not be deemed "filed" for the purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities of that section. The information in Item 7.01 of this Current Report on Form 8-K shall not be incorporated by reference into any filing or other document pursuant to the Securities Act, except as may be expressly set forth by specific reference in such filing or document.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits Exhibit Number Description of Document 99.1 Press Release of GoPro, Inc. dated February 7, 2024 to report its financial results for its fourth quarter and year ended December 31, 2023. 99.2 Management commentary from Nicholas Woodman, Chief Executive Officer, and Brian McGee, Chief Financial Officer and Chief Operating Officer, dated February 7, 2024. 104 Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned, thereunto duly authorized. GoPro, Inc. (Registrant) Dated: February 7, 2024 By: /s/ Brian McGee Brian McGee Chief Financial Officer and Chief Operating Officer (Principal Financial Officer)