(Reuters) - Wearable device maker Fitbit Inc (NYSE: FIT) reported its first drop in revenue in five quarters on Wednesday as it faced intense competition from deeper-pocket companies such as Apple Inc (NASDAQ: AAPL) and Samsung Electronics Co Ltd <005930.KS>, underscoring challenges for buyer Alphabet Inc's (NASDAQ: GOOGL) Google.

The company's net loss widened to $51.9 million, or 20 cents per share, in the third quarter ended Sept. 28, from $2.1 million, or 1 cent per share, a year earlier.

Revenue fell 11.7% to $347.2 million.

(Reporting by Amal S in Bengaluru; Editing by Sriraj Kalluvila)