GoPro’s Sales Drop 18 Percent In Fourth Quarter

February 4, 2023

GoPro, Inc.’s profits on an adjusted basis fell 68.2 percent in the fourth quarter as sales were down 18 percent.

“GoPro ended the year with solid balance sheet metrics and $367 million in cash after repaying debt of $125 million and repurchasing $40 million in stock,” said Brian McGee, GoPro’s CFO and COO. SGB Media