$GoPro(GPRO)$ I'm bullish on this #1 camera!
GoPro Subscription Service Surpasses Two Million Subscribers
"In addition to providing our customers with immense value, subscription has become a powerful financial engine for GoPro, representing the fastest-growing, highest-margin and most profitable product we offer," said Brian McGee, GoPro's CFO and COO. "Two million GoPro subscribers translates into $100 million in annual recurring revenue with gross margin of 70-80%, positively impacting our bottom line, and we expect subscription growth to continue as we add significant new features and benefits on an ongoing basis."
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Subscribers will shoot up. Retained existing.[Miser][Miser][Miser]