Fitbit (FIT) Tops Q3 EPS by 3c; Guides In-Line

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Go back to Fitbit (FIT) Tops Q3 EPS by 3c; Guides In-Line

Fitbit Reports Third Quarter Results

November 1, 2017 4:05 PM EDT

Revenue of $393M, Sells 3.6M Devices, Launches Fitbit IonicTM GAAP Net Loss of $113M, Non-GAAP Net Loss of $3M, Adjusted EBITDA of $6M Tax Provision of $86M, Inclusive of a Non-Cash Valuation Allowance Change

SAN FRANCISCO--(BUSINESS WIRE)-- Fitbit, Inc. (NYSE: FIT), the leading global wearables brand, today reported revenue of $393 million, GAAP net loss per share of ($0.48), non-GAAP net loss per share of ($0.01), GAAP net loss of ($113) million, non-GAAP net loss of $3 million, and... More