Fitbit (FIT) Tops Q1 EPS by 3c; Guides Below the Street

Fitbit (NYSE: FIT) reported Q1 EPS of ($0.17), $0.03 better than the analyst estimate of ($0.20). Revenue for the quarter came in at $248 million versus the consensus estimate of $247.56 million.

GUIDANCE:

Fitbit sees Q2 2018 EPS of ($0.27)-$0.23, versus the consensus of ($0.10). Fitbit sees Q2 2018 revenue of $275-295 million, versus the consensus of $314.2 million.

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

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