Fitbit (FIT) Reports In-Line Q3 EPS

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Go back to Fitbit (FIT) Reports In-Line Q3 EPS

Fitbit Reports Third Quarter Results for the Three Months Ended September 28, 2019

November 6, 2019 4:05 PM EST

Revenue of $347 million, GAAP Net Loss Per Share of $(0.20), Non-GAAP Net Loss Per Share of $(0.10) Fitbit Health Solutions revenue of $73 million Year-to-Date, up 31% year-over-year

SAN FRANCISCO--(BUSINESS WIRE)-- Fitbit, Inc. (NYSE: FIT) today reported revenue of $347 million, GAAP net loss per share of $(0.20), non-GAAP net loss per share of $(0.10), GAAP net loss of $(52) million, non-GAAP net loss of $(27) million, cash used in operations of $(41) million and free cash flow of $(56) million for its third quarter of 2019.

In Q3 we continued to make good progress shifting... More