GOPRO, INC. (NASDAQ:GPRO) Files An 8-K Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition
to report its financial results for its first>quarter ended
March 31, 2017. A copy of the press release is furnished as Exhibit
99.1 to this report.
shall not be incorporated by reference into any filing of the
Company, whether made before or after the date hereof, regardless
of any general incorporation language in such filing, unless
expressly incorporated by specific reference to this or such
filing. The information in this report, including the exhibit
hereto, shall not be deemed to be filed for purposes of Section 18
of the Securities Exchange Act of 1934, as amended, or otherwise
subject to the liabilities of that section or Sections 11 and
12(a)(2) of the Securities Act of 1933, as amended.
restructuring charges previously approved by the Company’s board
of directors (“Board”) on March 15, 2017, the Board approved an
increase of up to $3 million to the Companys estimated total
aggregate restructuring, primarily related to non-cash accelerated
depreciation charges for facilities consolidation. The Company
expects that these additional charges will be recognized in the
second and third quarters of 2017.
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Exhibit
Number
|
Description of Document
|
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99.1
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Press Release of GoPro, Inc. dated April 27, 2017 to
report its financial results for its first quarter ended March 31, 2017 |
About GOPRO, INC. (NASDAQ:GPRO)
GoPro, Inc. produces mountable and wearable cameras (capture devices) and accessories. The Company’s products are sold globally through retailers, wholesale distributors and on its Website. It enables people to capture compelling, immersive photo and video content of themselves in their day to day life, as well as participating in their favorite activities. Its products include HERO line of capture devices. From extreme to mainstream, professional to consumer, GoPro enables the world to capture and share its passions in the form of immersive and engaging content. It develops product solutions to enable consumers to capture, manage, share and enjoy some of the important moments in their lives. GoPro integrates with mobile devices through the GoPro App, which enables engaging self-capture during virtually any activity. It offers two applications, including GoPro Studio and GoPro App, which facilitate posting of photos and videos directly to social networks and content platforms. GOPRO, INC. (NASDAQ:GPRO) Recent Trading Information
GOPRO, INC. (NASDAQ:GPRO) closed its last trading session down -0.20 at 8.94 with 3,376,345 shares trading hands.
