GoPro reports Q2 adjusted EPS (7c), consensus (7c)

Reports Q2 revenue $241M, consensus $221.61M. GoPro subscriber count ended Q2 at approximately 2.44M, up 27% year-over-year. “In Q2, GoPro saw an immediate retail sales and GoPro subscription lift as a result of our mid-quarter go-to-market strategy shift that included a return to pre-pandemic pricing and a greater emphasis on retail sales,” said Nicholas Woodman, GoPro’s founder and CEO. “We exceeded our Q2 expectations for unit sales, revenue and subscriber growth, all positive indicators that our strategy shift is working.”