GoPro sees Q4 EPS 1c-5c, one estimate 9c

Sees Q4 revenue $215M-$225M vs. $201M in Q4 of FY24. The company states: “For the fourth quarter of 2025, we expect to deliver revenue of $220 million +/- $5 million, up 10% yearover-year at the midpoint of guidance. We estimate Street ASP in the fourth quarter to be approximately $350, up slightly year-over-year. We expect unit sell-through to be down 18% year-over-year at the midpoint of guidance to 625,000 units and channel inventory to be nominally up sequentially. We expect gross margin in the fourth quarter to be 32.0% at the midpoint of guidance, down versus the prior year quarter of 35.1% primarily due to tariffs. Excluding tariffs, gross margin in the fourth quarter 2025 would be approximately 37%. We expect fourth quarter 2025 operating expenses to be $63 million at the midpoint of our range, a more than 25% reduction from the prior-year quarter, due to lower spending on wages from lower headcount, reduced marketing and lower engineering expenses.”