![]() Which includes our updated strategy that we believe will accelerate growth in units, subscribers, revenue, adjusted EBITDA and earnings.ĭemand for our products during Q1 exceeded expectations. I encourage everybody to spend some time reading the details of our management commentary that is posted on our IR website. I'm going to briefly cover the highlights from our posted management commentary before Brian and I take questions. Thank you, everyone, for joining us today. Now I'll turn the call over to GoPro's Founder and CEO, Nicholas Woodman. Unless otherwise noted, all income statement-related numbers that are discussed in the management commentary and remarks made today other than revenue, are non-GAAP. ![]() A reconciliation of GAAP to non-GAAP operating expenses can be found in the press release that was issued this afternoon which is posted on the Investor Relations section of our website. Today, we may discuss gross margin, operating expense, net profit and loss, adjusted EBITDA as well as basic and diluted net profit and loss per share in accordance with GAAP and on a non-GAAP basis. To better understand the risks and uncertainties that could cause actual results to differ from our commentary, we refer you to our most recent annual report on Form 10-K for the year ended December 31, 2022, which is on file with the Securities and Exchange Commission and other reports that we may file from time to time with the SEC. This means that results could change at any time, and we do not undertake any obligation to update these statements as a result of new information or future events. Additionally, any forward-looking statements made today are based on assumptions as of today. Forward-looking statements and all other statements that are not historical facts are not guarantees of future performance and are subject to a number of risks and uncertainties, which may cause actual results to differ materially. For detailed information about our first quarter 2023 performance and our outlook, please read the management commentary we posted to the Investor Relations section of GoPro's website.īefore I pass the call to Nick, I'd like to remind everyone that our remarks today may include forward-looking statements. Today's agenda will include a brief introduction from Nick, followed by Q&A. With me today are GoPro's CEO, Nicholas Woodman and CFO and COO, Brian McGee. Good afternoon, everyone, and welcome to GoPro's First Quarter 2023 Earnings Conference Call. (Operator Instructions) I will now hand you over to your host, Christopher Clark, Vice President of Corporate Communications, to begin. ![]() ![]() My name is Sam, and I'll be coordinating your call today. Hello, everybody, and welcome to GoPro's First Quarter 2023 Earnings Conference Call. Sabrina Elizabeth Hao Research Associate Morgan Stanley, Research Division Woodman Founder, CEO & Chairman GoPro, Inc. McGee Executive VP, CFO & COO GoPro, Inc.Ĭhristopher Clark VP of Corporate Communications GoPro, Inc. There are more details and “how to’s” in this video that goes along with the blog post.Brian T. For a 30 second video, you can only tag 10 Highlights. You are also limited to the number of Highlights you can make. You have 10 songs available to you for free and have to enroll in GoPro Plus in order to access their additional song library. Also, you can’t import your own music to use. Of course, they want you to utilize it with GoPro content! Not a big deal, after all… this is a GoPro app. You can only use GoPro content in the Quik App – you can’t import footage from your phone or DSLR and edit within Quik App for Desktop. Just get your footage off your memory card, and out there into a watchable, shareable video. It’s SO easy to become frustrated and overwhelmed with video editing software, so for those who are new to it, it’s awesome. But first, let me say: this is awesome and perfect for any first-time GoPro video editor. Related: Splice Video Editor by GoPro Pros for Quik AppĪs quick and easy as it is, there are a few drawbacks. It’s pretty neat, and, as the name suggests, the process is pretty quick. Quik App for Desktop works on a Mac or PC, and it’s a free download.īasically, what it does is allow you to import your GoPro clips, select your favorite clips using a “Highlight” tag, and then it edits your video for you–including adding music. You might be familiar with GoPro’s Quik app for iPhone and Android, and now they’ve come out with a desktop version. Some product links in this post are affiliate links, and VidProMom will be compensated when you make a purchase by clicking our links. Be sure to check out the entire video overview. Have you seen the new GoPro Quik for Desktop? It automatically edits your GoPro videos for you! Here’s a Quik tutorial and overview of getting started with editing your GoPro videos with Quik for Desktop.
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