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GoPro quarterly revenues up 72%

Published July 22, 2015

SAN MATEO, Calif. (BRAIN) — GoPro, Inc. revenue hit $420 million in its second quarter, which ended June 30, a 72 percent increase year over year.

GoPro's founder and CEO, Nicholas Woodman, noted the company's "aggressive pace of innovation."

"With the introduction of HERO4 Session and HERO+ LCD, we've launched five new cameras in the past 10 months, exciting both new and existing customers and contributing to strong second quarter results," Woodman said. "Our core business is enjoying terrific momentum as we charge forward into attractive adjacent markets."

GoPro products are now sold in more than 40,000 stores worldwide. The company also increased shipments of its retail point of purchase displays by over 40 percent; the linear feet of new POP displays in use increased over 75 percent for the first six months of 2015, year-over-year.

International sales totaled more than 50 percent of the company's Q2 revenue. China is now a top ten revenue-generating country for GoPro.

Complete press release.

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