Wednesday, May 3, 2017

Fitbit stock jumps 10% after beating in Q1 with 3 million devices sold

 Fitbit shares are up 10 percent on the news that the company beat Wall Street’s expectations. Fitbit today reported a loss of 15 cents per share rather than 18 cents per share. Reported revenue also came in above analysts expectations: $299 versus $280.8. This release shows Fitbit is keeping pace with the market and turning past customers into repeat customers. Read More

by Matt Burns via Endless Supplies .Us - News

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