Fitbit (FIT) Misses Q4 EPS by 2c, Q1 Guidance Misses
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Fitbit Reports $571M Q4’17 and $1.616B FY’17 Revenue
February 26, 2018 4:05 PM ESTGenerated $61M cash flow from operations and free cash flow of $(25)M in FY17
SAN FRANCISCO--(BUSINESS WIRE)-- Fitbit, Inc. (NYSE: FIT), the leading global wearables brand, today reported revenue of $571 million, GAAP net loss per share of $(0.19), non-GAAP net loss per share of $(0.02), GAAP net loss of $(46) million, non-GAAP net loss of $(5) million, cash flow from operations of $52 million and free cash flow of $25 million, for its fourth quarter of 2017.
For the full-year 2017, Fitbit reported revenue of $1.6 billion, GAAP net loss per share of $(1.19), non-GAAP net loss per... More
