Fitbit (FIT) Tops Q4 EPS by 7c, Guidance Comes in Light

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Go back to Fitbit (FIT) Tops Q4 EPS by 7c, Guidance Comes in Light

Fitbit Reports $571 Million Q4’18 Revenue and $1.51 Billion FY’18 Revenue

February 27, 2019 4:05 PM EST

Grew Active Users 9% to 27.6 Million, Grew Device Shipments in Q418

SAN FRANCISCO--(BUSINESS WIRE)-- Fitbit, Inc. (NYSE: FIT), today reported revenue of $571 million, GAAP net income per share of $0.06, non-GAAP net income per share of $0.14, GAAP net income of $15 million, non-GAAP net income of $36 million, cash flow from operations of $108 million and free cash flow of $96 million for its fourth quarter of 2018.

For the full year 2018, Fitbit reported revenue of $1.51 billion, GAAP net loss per share of $(0.76), non-GAAP net loss per share of $(0.20), GAAP net loss of $(186) million, non-GAAP... More