Fitbit (FIT) Tops Q3 EPS by 5c, Offers Q4 Guidance

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Fitbit Reports Third Quarter 2018 Results

October 31, 2018 4:05 PM EDT

Revenue of $394 million, GAAP Net Loss Per Share of ($0.01), Non-GAAP Net Income Per Share of $0.04. Re-affirms full year 2018 revenue guidance of $1.5 billion. Fitbit grows both tracker and smartwatch devices sequentially. #2 player in the U.S. smartwatch category.

SAN FRANCISCO--(BUSINESS WIRE)-- Fitbit, Inc. (NYSE: FIT), the leading global wearables brand, today reported revenue of $394 million, GAAP net loss per share of ($0.01), non-GAAP net income per share of $0.04, GAAP net loss of $2 million, non-GAAP net income of $10... More