Freeride

GoPro Announces Fourth Quarter and 2023 Results

Retrieved on: 
Wednesday, February 7, 2024

SAN MATEO, Calif., Feb. 7, 2024 /PRNewswire/ -- GoPro, Inc. (NASDAQ: GPRO) today announced financial results for its fourth quarter and full year ended December 31, 2023 and posted management commentary, including forward-looking guidance, in the investor relations section of its website at https://investor.gopro.com.

Key Points: 
  • "Our growth strategy led to significant retail channel sell-through increases in the fourth quarter and second half of 2023," said Nicholas Woodman, GoPro's founder and CEO.
  • Cash and marketable securities were $247 million at the end of the fourth quarter.
  • Capital allocations during the fourth quarter resulted in the repurchase of $50.0 million in aggregate principal amount of the 2025 Convertible Notes in exchange for $46.3 million and the repurchase of $10.0 million in stock in the fourth quarter, and $40.0 million total for 2023.
  • In November 2023, GoPro was recognized for the third consecutive year by Outside Magazine as one of the 50 Best Places to Work (No.

GoPro Named Official Camera of Freeride World Tour, the World's Biggest Freeride Ski and Snowboard Competition

Retrieved on: 
Monday, January 22, 2024

SAN MATEO, Calif., Jan. 22, 2024 /PRNewswire/ -- GoPro, Inc. (NASDAQ: GPRO) today announced its continued partnership for the 2024 season with the Freeride World Tour by Peak Performance, the ultimate ski and snowboard freeriding competition. Known for showcasing some of the world's most thrilling freeride content, the 2023 Freeride World Tour generated more than 300M video views across all Freeride World Tour channels. GoPro has been the Freeride World Tour's exclusive camera partner for 10 years.

Key Points: 
  • Known for showcasing some of the world's most thrilling freeride content , the 2023 Freeride World Tour generated more than 300M video views across all Freeride World Tour channels.
  • GoPro has been the Freeride World Tour's exclusive camera partner for 10 years.
  • "GoPro brings Freeride World Tour viewers closer to the action through immersive skier and rider POV and unique perspectives from every tour event," said Nicolas Hale-Woods, Freeride World Tour's founder.
  • The Freeride World Tour runs from January 31 – March 31, 2024, with five events scheduled across Europe and North America.

Taos Ski Valley Previews Winter 24 Season Focused on the Celebrated Essence of Skiing and Environmental Stewardship

Retrieved on: 
Tuesday, September 5, 2023

TAOS SKI VALLEY, N.M., Sept. 5, 2023 /PRNewswire/ -- Taos Ski Valley, Inc. today announced its dynamic plans for the upcoming ski season. With a steadfast commitment to its "better, not bigger" philosophy, the proudly independent resort is poised to provide an unforgettable winter experience with a renewed focus on the treasured traditions of skiing and riding. The resort is also continuing its significant work in sustainability.

Key Points: 
  • Winter 24 programming and highlights will include:
    For the first time this winter, Taos Ski Valley will deploy full-time a Pistenbully 600 E+hybrid snowcat, a fully electric Prinoth HUSKY eMOTION snow groomer, nine electric snowmobiles, and three electric snowblowers.
  • Taos Ski Valley, which is the world's first and only certified B Corporation® ski resort, is a certified CarbonNeutral® company since 2021.
  • Taos Ski Valley will offer new skiers and riders a deeply discounted rate to try out the sports for the first time.
  • Taos Ski Valley's opening day is planned for Thursday, November 23, 2023, and the season will run through April 7, 2024.

XPO Logistics Expands Use of Sustainable Biofuel at the Tour de France as Official Transport Partner for the 42nd Year

Retrieved on: 
Wednesday, June 29, 2022

GREENWICH, Conn., June 29, 2022 (GLOBE NEWSWIRE) -- XPO Logistics, Inc. (NYSE: XPO), a leading provider of freight transportation services, will take to the road in July for the 42nd year as the official transport partner of the Tour de France. When the winner of the legendary cycling competition is declared at the Champs-Élysées in Paris, an XPO team of 58 drivers will have transported more than 570 tons of goods over 3,328 kilometers in 42 trucks — and 18 of those trucks will be fueled by biodegradable hydrotreated vegetable oil (HVO). XPO first piloted biofuel at the 2021 Tour de France with a truck running on B100 fuel made from rapeseed oil. This year, the company expects its alternative-fuel fleet to use 49,000 liters of HVO and reduce CO2 emissions by up to 85% per kilogram, compared with diesel. The remaining XPO trucks deployed for the Tour all have Euro 6 engines, the cleanest diesel technology available. 

Key Points: 
  • XPO first piloted biofuel at the 2021 Tour de France with a truck running on B100 fuel made from rapeseed oil.
  • The remaining XPO trucks deployed for the Tour all have Euro 6 engines, the cleanest diesel technology available.
  • XPO and the Tour de France share a strong commitment to safety and sustainability, highlighted by rigorous preparation in eco-driving techniques and Tour safety protocols.
  • XPO Logistics, Inc.(NYSE: XPO) is a leading provider of freight transportation services, primarily truck brokerage and less-than-truckload (LTL).

Taiwanese Pioneers in Mid and High-End Mountain Bikes Flourish as Demand Rises

Retrieved on: 
Wednesday, November 18, 2020

Each year, Taiwan exports about 2 million traditional bikes and mountain bikes now account for 60% of that total.

Key Points: 
  • Each year, Taiwan exports about 2 million traditional bikes and mountain bikes now account for 60% of that total.
  • Last year, sales reached 529 million U.S. dollars with Taiwanese mountain bikes making up nearly 40% of that figure.
  • The full-suspension mountain bikes are also referred to as double-suspension mountain bikes.
  • Based on the length of the shock-absorbing travel, the full-suspension mountain bikes can be further divided into cross-country bikes, all-mountain bikes, freeride bikes, and downhill bikes.

Freeride Entertainment: Red Bull's largest media partner steps into the spotlight with Emmy nomination and new Seattle content studio

Retrieved on: 
Tuesday, April 30, 2019

SEATTLE, April 30, 2019 /PRNewswire/ --Freeride Entertainment, Red Bull's largest media partner, steps into the spotlight of advertising and branded content.

Key Points: 
  • SEATTLE, April 30, 2019 /PRNewswire/ --Freeride Entertainment, Red Bull's largest media partner, steps into the spotlight of advertising and branded content.
  • Their most recent collaboration with Red Bull the feature-length documentary "North of Nightfall" is up for an Emmy award for Outstanding Camera Work.
  • With the global demand for content production, the Canadian born company recently opened their first US outpost in Seattle where it has expanded to a full-service content studio.
  • Freeride Entertainment is a content studio built to blur the lines between advertising and entertainment.