GoPro Files for $100M IPO, To List on Nasdaq Under Ticker GPRO

Now watching

Next video starts in : 7 Play

GoPro Files for $100M IPO, To List on Nasdaq Under Ticker GPRO

GoPro Files for $100M IPO, To List on Nasdaq Under Ticker GPRO
Replay video
Up next

Community Episode 4: Queer Studies and Advanced Waxing

Unlock your personal NFL Now stream by signing in to NFL.com

GoPro Files for $100M IPO, To List on Nasdaq Under Ticker GPRO

by TheStreet.com Videos 2:18 mins

GoPro Files for $100M IPO, To List on Nasdaq Under Ticker GPRO

by TheStreet.com Videos 2:18 mins

Video camera maker GoPro filed papers on Monday with the Securities and Exchange Commission for an initial public offering. The S1 filing put $100 million dollars as the placeholder in terms of how much it is looking to raise. GoPro did say it intends to list on the Nasdaq under the ticker symbol GPRO. The company's growth numbers are impressive. In just the first three months of 2014, GoPro generated revenue of $235.7-million dollars, that's roughly the same amount it made in all of 2011. Net income for the first three months of this year was $11 million dollars. In 2011, GoPro made just $24.6 million dollars for the entire year. In the filing, GoPro says there are some risks associated with the IPO, namely that they compete in a highly competitive space with just one product. JPMorgan will take the lead among the nine underwriters. Ruben Ramirez reports from Wall Street.

Must Watch

Must Watch

  1. 30:58

    Community Episode 4: Queer Studies and Advanced Waxing

  2. 1:00

    Vin Diesel Says Furious 7 Destroyed A LOT of Cars

  3. 1:35

    Zayn Goes in Different “Direction” With Leaked Solo Music

  4. 2:30

    "Mad Max: Fury Road" Trailer

  5. 0:29

    Watch a Sneak Peek of Community Episode 5

  6. 1:18

    How 'Star Wars' Star Got His Uncle a Cameo

Community

  1. 27:26

    Community Episode 1: Ladders

  2. 27:26

    Community Episode 2: Lawnmower Maintenance and Postnatal Care

  3. 24:40

    Community Episode 3: Basic Crisis Room Decorum

  4. 30:58

    Community Episode 4: Queer Studies and Advanced Waxing

  5. 0:29

    Watch a Sneak Peek of Community Episode 5

  6. 2:01

    Sin City Saints: Official Trailer

Yahoo Studios

  1. 3:28

    The Breakdown: Men's Grooming

  2. 1:01

    Jürgen Klinsmann on 'difficult' draw vs Switzerland

  3. 3:22

    Who is the greatest NCAA tournament team in history?

  4. 1:24

    Walking Dead Ahead, Season Six

  5. 1:31

    Move Over, Kenny! Dolly Parton Does Sweet Duet With Young Fan

  6. 4:53