Avg Daily Volume: 3,754,206 Market Cap: 925.76M Sector: Consumer Goods Short Interest: None |
EARNINGS EXPECTATIONS:
CONSENSUS EPS: -.09/share REV: 234.42/M
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LAST QTR: EPS: .30/share ESTIMATED: .26/share (BEAT)
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NEXT QTR: EPS: .01/share REV: 292.8/M
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FY19: EPS: .29/share REV: 1,220/M
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*These are the base metrics we will be watching against the actual release numbers
BEAT/MISS HISTORY: 58% OF THE TIME THEY BEAT ESTIMATES
PRIOR ‘JUMP ZONE’ MOVES (3 QTRS %) : 6.21, -25.48, 22.03
POTENTIAL JUMP MOVE: 20%
Links To Latest News and Headlines
The fourth quarter includes the all-important holiday season, and GoPro ended 2023 on a weak note. That’s not a great sign for 2024.
The U.S. International Trade Commission is launching a probe into GoPro claims that patents for its cameras, systems and accessories are being violated by a Chinese firm importing similar products into the United States. The USITC said in a public notice on Wednesday that the investigation under Section 337 of the Trade Act of 1930 applies to Shenzhen-based Arashi Vision, which makes the Insta360 line of camera products. GoPro, whose brand name is largely synonymous with the wearable action camera market, has requested that the trade panel issue exclusion and cease and desist orders that would ban imports of the Insta360 products.
WASHINGTON (Reuters) -The U.S. International Trade Commission is launching a probe into GoPro claims that patents for its cameras, systems and accessories are being violated by a Chinese firm importing similar products into the United States. The USITC said in a public notice on Wednesday that the investigation under Section 337 of the Trade Act of 1930 applies to Shenzhen-based Arashi Vision, which makes the Insta360 line of camera products. GoPro, whose brand name is largely synonymous with the wearable action camera market, has requested that the trade panel issue exclusion and cease and desist orders that would ban imports of the Insta360 products.
The U.S. International Trade Commission said on Wednesday it was launching a trade investigation into claims by GoPro Inc that its camera and camera systems patents were violated by a Chinese company importing similar products into the U.S. In a public notice, the USITC said the probe under Section 337 of the Trade Act of 1930 applies to respondents Arashi Vision, the Shenzhen, China-based company that makes the Insta360 line of camera products.
Key Insights Institutions’ substantial holdings in GoPro implies that they have significant influence over the…
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