Fitbit Jumps 4% After Reporting Huge Beat In Q2 With $400M Revenue, $0.21 EPS

Fitbit IPO 08 Fitbit Inc (FIT) reported its first earnings Wednesday since going public earlier this summer. The wearable fitness-tracker maker smashed street expectations on revenue with $400 million while posting non-GAAP EPS of $0.21. Analysts had looked for Fitbit to generate $0.08 per-share profit on top line of $319 million.
Following its earnings beat, shares of the San Francisco-based… Read More

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