GoPro Inc (GPRO)’s 4th Quarter and FY 2014 Financial Results Conference Call Transcript

Page 1 of 13

Below is transcript of the GoPro Inc (NASDAQ:GPRO)’s 4th quarter and FY 2014 financial results conference call, held on February 5th, 2015, at 5:00 p.m. EST.

GoPro, is GPRO a good stock to buy, National Hockey League, Brendan Greeley,

GoPro Inc (NASDAQ:GPRO), formerly Woodman Labs, Inc., develops hardware and software solutions to alleviate consumer pain points associated with capturing, managing, sharing and enjoying engaging content. The Company’s mountable and wearable cameras and accessories, which the Company refer to as capture devices, enable professional-quality capture and exceptional versatility.

Company Representatives:

Nina Richardson, Chief Operating Officer
Anthony Bates, President and Director
Nicholas Woodman, Chief Executive Officer and Chairman
Jack Lazar, Chief Financial Officer

Analysts:

Paul Coster, JP Morgan
Sean Naughton, Piper Jaffray
Benjamin Bollin, Cleveland Research
Alex Gauna, JMP Securities
Charlie Anderson, Dougherty & Company
Joseph Wolf, Barclays Capital
Jim Duffy, Stifel, Nicolaus & Co., Inc.
James Faucette, Morgan Stanley
Brad Erickson, Pacific Crest Securities
Jeremy David, Citigroup

Operator:
Please stand by, we’re about to begin. Good day and welcome to the GoPro’s fourth quarter and full year 2014 financial results conference call. Today’s conference is being recorded. At this time, I would like to turn the conference over to Mr. Jeff Brown, Vice President of Corporate Communications. Please go ahead, sir.

George “Jeff” Brown – Vice President of Communications
Thank you. Good afternoon, and welcome to GoPro’s fourth quarter and full year 2014 earnings conference call. With me today are GoPro’s CEO, Nicholas Woodman; our President, Tony Bates; our Chief Financial Officer, Jack Lazar; and Chief Operating Officer, Nina Richardson.

Before we begin, I’d like to remind you that statements on this call including, but not limited to those about our projected future and financial results including revenue and expenses, economic and market trends, our future plans, prospects and growth possibilities, the continued adoption of our products, the anticipated benefits of our long term strategy, our customers, competitive position, market share, and leadership position in various markets constitutes forward looking statements.

These forward looking statements and all other statements that may be made on this call are not historical facts. They’re subject to a number of risks and uncertainties that may cause actual results to differ materially. These forward looking statements speak only to today’s call, and we do not undertake any obligation to update these forward looking statements. We refer you to the financial prospectus that we filed with the Securities and Exchange Commission on November 20th, 2014 in particular to the section entitled risk factors, and to other reports that we may file from time to time with the SEC for additional information on factors that can cause actual results to differ materially from current expectations.












Page 1 of 13