Shares of GoPro (NASDAQ: GPRO) tumbled Friday after the company reported its first-quarter results. GoPro CFO and COO Brian McGee said in a press release that "The first quarter of 2022 represents another quarter of GAAP profitability, coinciding with GoPro's strategic shift to becoming a more direct-to-consumer, subscription centric business back in the second quarter of 2020."
GoPro's (GPRO) Q1 top line benefits from strength in retail and direct-to-customer channels.
Image source: The Motley Fool. GoPro (NASDAQ: GPRO)Q1 2022 Earnings CallMay 05, 2022, 5:00 p.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorGood afternoon.