Financial PerformanceInitial Q4:24 guidance is for revenue of $190 - 210 million, sell-through of 775,000, street ASP of $330, gross margin of 36 – 37%, and non-GAAP EPS of $(0.13) – (0.09), which came in well below Street expectations.
Operational ChallengesConsistent execution remains a significant risk for GoPro, as does cutting heads and reducing spend on areas that could help to reinvigorate growth.
Revenue OutlookManagement guided 2025 revenue to be lower than 2024, primarily due to lower unit sales.