Fitbit (FIT) Reports In-Line Q3 EPS; Issue Light Q4, FY16 Outlook

Fitbit (NYSE: FIT) reported Q3 EPS of $0.19, in-line with the analyst estimate of $0.19. Revenue for the quarter came in at $503.8 million versus the consensus estimate of $506.93 million.

GUIDANCE:

Fitbit sees Q4 2016 EPS of $0.14-$0.18, versus the consensus of $0.75. Fitbit sees Q4 2016 revenue of $725-750 million, versus the consensus of $985.1 million.

Fitbit sees FY2016 EPS of $0.55-$0.59, versus the consensus of $1.18. Fitbit sees FY2016 revenue of $2.32-2.35 billion, versus the consensus of $2.58 billion.

For earnings history and earnings-related data on Fitbit (FIT) click here.

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