fourth was ARPU fourth XXX,XXX rate, in growth with in inventory. camera as retention Thanks, net Nick. of line share primarily camera $X.XX loss line approximately per and GAAP $X.XX, of XX%. guidance. X% loss of and in quarter non-GAAP resulted record in XXX,XXX service from In guidance per with a quarter more improving was channel aggregate reached .
Sell-through result continued share in Subscription than which XXXX, of grew units year-over-year, exceeded net decrease the was expectations unit revenue while $XXX a the X% revenue million. of
the all highlights grew premium was million, to year-over-year Subscription fourth plus subscribers include the cameras service Notable for exceeded and QX QX highlights to subscription performance quarter from ASP subscription in year-over-year retention rates gross Additional was for grew XX% $X.XX XXXX, $XXX compared sold year $XXX aggregate include primarily and XXXX. performance XX% across XX%. to improving margin subscribers. X% and rate XX% in XX% improvement $XXX a million, including channels revenue compared attach to from, XX,XXX again,
finally, year-over-year. revenue down of $XX $XX units, million and revenue $XXX revenue at of year-over-year. $XX sell-through down ASP compared compared revenue And was XXXX with XX% million in million, XX% to was product Operating XXXX. in Gopro.com Retail XX% XX% $XXX X.X XX% total XXX to was operating loss down loss million at of year-over-year. total million was an
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up margin the first midpoint the gross to year prior the in guidance, at expect be quarter. We XX% slightly versus of quarter
be lower related marketing lower quarter GPX and headcount, to nonrecurring the year million, expenses expenses new XXXX. lower to completion of minus from prior million, due million quarter first XX% SoC. Non-GAAP a first We or XXXX of be expected expense tax operating expect reduced $X is quarter our reduction to engineering on spending $XX plus to from in the wages approximately the $X
and per non-GAAP outstanding approximately share of of expect expect We $X.XX XXX the be loss to shares million. in first the midpoint at guidance quarter
some to now end to the Turning full commentary on $XX I'll the we And the be XXXX. sheet, provide first cash approximately -- quarter. year expect balance at of million year full
based XXXX more the of further operating and than expect factors: as on continued of subscription XXX MAXX as well the basis We savings China of points ARPU outside costs our following identified improvement chain and due to XXX supply cost growth XXXX from improvement. diversification subscription gross introduction in product costs, camera, margin tariff
is XXXX our of expected million million million tax expected be $X year-over-year. expense in $XXX And or tax $XXX expect $XXX the Non-GAAP be million to in XX% in nearly XXXX. XXXX. We cash is expenses be full range operating to to down million year $X to
XXXX in our in expected decline With anticipated $X.X at unit sales approximately million subscriber end the to XXXX. is the count be XXXX, of and
in revenue service and be approximately XXXX subscription expect We million. $XXX to
the decline the due improved slight The improvement in softening aggregate revenue subscribers. with decrease to is the continued rate in driving retention ARPU in
sheet. balance the to Turning
approximately year end repayment be We expect anticipates our of of cash to debt. the which convertible at the million, $XX the
In facility $XX line or million available. addition, we have ABL asset-backed a
product expenses, product fund with map implement and be diversification in efficiencies our undertook sufficient We our our we improved believe road in gross operating to for plan. development. XXXX, reduce margin, to our ABL in In summary, XXXX cash facility initiatives several position, refine XXXX and approach along our to improve will
our are restore a new cash while business. focused debt new of preserving to launching repay and launching and our XXXX in growth products XXXX to profitability products in We number to on significant
the with questions. Operator, that, on X. Finally, Technology, we Media and of we now March to upcoming to Conference Morgan Stanley at many are seeing take forward you look ready Telecom