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GoPro, Inc. — Third Quarter 2026 Earnings Summary

  • Net revenue fell to approximately $96 million from $163 million in the prior year period, while gross margin contracted to 12.7% from 35.1%.
  • Operating expenses decreased to $60 million from $73 million, though financial statements reflect substantial doubt regarding the company's ability to continue as a going concern.
  • The company faces material weaknesses in internal controls and is seeking lender waivers for covenant noncompliance, with failure to obtain waivers risking debt acceleration and potential termination of a pending merger.
  • Filing of the Q3 Form 10-Q and 8-K is delayed due to ongoing financial close procedures regarding financing arrangements, with results subject to change.
Company
GOPRO INC
Sector
Technology
Industry
Consumer Electronics