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Fitbit Inc (FIT.N)

FIT.N on New York Stock Exchange

5.19USD
18 May 2018
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Thu, May 3 2018

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Fitbit sees weak tracker sales hitting second-quarter revenue

Wearable device maker Fitbit Inc forecast current-quarter revenue below Wall Street estimates on Wednesday as the company expects further sales declines for its fitness tracking devices.

Fitbit sees weak tracker sales hitting second-quarter revenue

Wearable device maker Fitbit Inc forecast current-quarter revenue below Wall Street estimates on Wednesday as the company expects further sales declines for its fitness tracking devices.

UPDATE 2-Fitbit sees weak tracker sales hitting second-quarter revenue

* Smartwatches rev to outpace trackers in second half of year

BRIEF-Fitbit Q1 GAAP Loss Per Share $0.34

* Q1 EARNINGS PER SHARE VIEW $-0.19 -- THOMSON REUTERS I/B/E/S

Fitbit reports 17 pct drop in quarterly revenue

May 2 Fitbit Inc reported a 17 percent drop in first-quarter revenue on Wednesday, as the wearable device maker sold fewer products in an increasingly competitive market.

BRIEF-Fitbit And Google Announce Collaboration To Accelerate Innovation In Digital Health And Wearables

* FITBIT AND GOOGLE ANNOUNCE COLLABORATION TO ACCELERATE INNOVATION IN DIGITAL HEALTH AND WEARABLES

BRIEF-Fitbit Announces Global Availability Of Fitbit Versa

* FITBIT INC - ANNOUNCED AVAILABILITY OF FITBIT VERSA AT MAJOR RETAILERS WORLDWIDE FOR $199.95

BRIEF-Matthew Bromberg, Current COO Of Zynga, Joins Fitbit Board Of Directors

* FITBIT INC - ‍BROMBERG IS CURRENTLY CHIEF OPERATING OFFICER OF ZYNGA​

BRIEF-Fitbit Launches Fitbit Ace

* FITBIT LAUNCHES FITBIT ACE, INSPIRES HEALTHY HABITS FOR KIDS AND MAKES FITNESS FUN FOR THE WHOLE FAMILY

BRIEF-Fitbit Introduces Fitbit Versa, The Smartwatch For All

* FITBIT INTRODUCES FITBIT VERSA, THE SMARTWATCH FOR ALL Source text for Eikon: Further company coverage:

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