GoPro, Inc. (GPRO) CEO Nicholas Woodman on Q2 2020 Results - Earnings Call Transcript

GoPro, Inc. (NASDAQ:GPRO) Q2 2020 Earnings Conference Call August 6, 2020 5:00 PM ET

Company Participants

Christopher Clark - VP of Corporate Communications
Nicholas Woodman - CEO
Brian McGee - CFO & COO

Conference Call Participants

Erik Woodring - Morgan Stanley
Andrew Uerkwitz - Oppenheimer & Company
Paul Chung - JPMorgan
Mike Cadiz - Citigroup
Nikolay Todorov - Longbow Research

Operator

Good day and welcome to the GoPro Second Quarter 2020 Earnings Results Conference Call. Today's conference is being recorded.

At this time, I would like to turn the conference over to Christopher Clark, Vice President of Corporate Communications. Please go ahead, sir.

Christopher Clark

Thanks, operator. Good afternoon everyone and welcome to GoPro's second quarter 2020 earnings conference call. With me today are GoPro's CEO, Nicholas Woodman, and CFO and COO, Brian McGee.

Before we get started, I'd like to remind everyone that our remarks today may include forward-looking statements. 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.

Additionally, any forward-looking statements made today are based on assumptions as of today, including, but not limited to the assumption that consumer confidence does not further erode due to the global pandemic.

We do not undertake any obligation to update these statements as a result of new information or future events. Information concerning our risk factors is available in our most recent Annual Report on Form 10-K for the year ended December 31st, 2019, which is on file with the Securities and Exchange Commission and in other reports that we may file from time-to-time with the SEC.

Today, we may discuss gross margin, operating expense, net profit and loss as well as basic and diluted net profit