Nicholas Woodman – Chief Executive Officer and Chairman
And yeah, this is Nick again. Just to add to that. Since going public we’ve let you guys know that there’s a [inaudible] to this, right? And that first and foremost, you have to enable the capture for great content, then you have to enable the easy management and editing of that content to increase the rate of sharing so that you increase the pool of content that you have from what to aggregate and then redistribute the best of as GoPro branded programing, the GoPro channel and so, the one gets the other and we’re obviously doing very well in the capture front with the sale of our devices and what you’re going to see from us in the future is a new user experience related to the managing and editing of that content to facilitate more sharing and then from that, we will have an expanded media opportunity.
I just want to be clear that you’re hearing a very consistent message from us and we feel very good about our progress and execution today.
Operator
Our next question today will come from Jeremy David with Citigroup. And as a reminder that is *1 if you do have a question. Please go ahead, Mr. David.
Jeremy David – Citigroup
Hi good afternoon to GoPro and thanks for taking my question. Congrats on the quarter. I want to ask you a question about the seasonality you got into in Q1. So, you’re getting Q1 revenue of $330 million, $340 million. That’s down about 47% quarter to quarter at the midpoint, last year, I think your revenue was down about 35% quarter over quarter in Q1. So that’s a big difference. And I’m scratching my head to reconcile the guidance and your comment that seasonality, that inventory are healthy in the channel without detail. Any help you could provide would be helpful and if you can also comment a little bit on seasonality through the year, should be expect 2015 to be similar to 2014? Or is there anything we should be aware of? Thank you.
Jack Lazar – Chief Financial Officer
Hey Jeremy, it’s Jack. Thanks for the question and uhm, I appreciate the insight. I think you kind of have to look at it a different way or at least the way I look at it is a little bit differently. So, the way I look at it is, we’re growing 42%, I think is the mid point of the guidance and so from that perspective, we grew 41% all last year. That seems like a pretty good situation for the company and you know, $100 million in growth, in revenue in one quarter, year over year is actually a pretty good situation. I can only tell you that we’re very pleased with the way this looks going into the year. We’re particularly pleased with the international side of things and how that’s going and yet we also know that there’s the opportunities domestic [inaudible] significantly enlarge, so, frankly we’re pretty happy with the way this outlook is and we look forward to delivering it in the quarter.
Operator
And once again that is *1 if you for questions we’ll go next to James Faucette with Morgan Stanley. Please go ahead.
James Faucette, Morgan Stanley
Yes, thanks for the follow up question, I just wanted to circle back once again on the point of distribution and that kind of thing, and understanding that you have a lot of opportunity outside the US. One of the questions I guess I had was that I think there have been some comments earlier this year perhaps indicating that you might think you might grow a little slower internationally than originally anticipated. Just wondering, was that interpretation of previous comments accurate? And if so, what has changed, has modified your plans to grow internationally? Thanks
Jack Lazar – Chief Financial Officer
Well, yeah. It’s a fair question and thanks for the question, James. What I’d tell is that if you look back at maybe things we said during the year, we have been pretty consistent about it all year, that there was a level of inventory in the channels before we started gathering the information that we gathered now in the earliest part of the year that made it more difficult to actually show sell and growth, right? I don’t think there’s challenges growing internationally other than going out and executing and working closely with our distribution partners and in some cases as I think we’ve mentioned, we’ve taken people like [inaudible] direct but we’re rally just doing all that we can do to actually grow out the doors and the opportunities overseas so hopefully this is pretty consistent with what we’ve said, that internationally is very big opportunity for us.