Fitbit (FIT) Beats Q1 EPS by 4c

Fitbit (NYSE: FIT) reported Q1 EPS of ($0.15), $0.04 better than the analyst estimate of ($0.19). Revenue for the quarter came in at $299 million versus the consensus estimate of $280.76 million.

GUIDANCE:

Fitbit sees Q2 2017 EPS of ($0.17)-($0.14), versus the consensus of ($0.11). Fitbit sees Q2 2017 revenue of $330-350 million, versus the consensus of $350.2 million.

Sees FY 2017 EPS ($0.44)-($0.22) versus consensus of ($0.35), revenues of $1.5-1.7 billion versus consensus of $1.58 billion.

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

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