Thursday, November 1, 2018

Fitbit posts a net loss of $2.1M in Q3, down from $113.4M a year ago, on revenue of $393.6M, as smartwatches accounted for 49% of company's total revenue (Brian Heater/TechCrunch)

Brian Heater / TechCrunch:
Fitbit posts a net loss of $2.1M in Q3, down from $113.4M a year ago, on revenue of $393.6M, as smartwatches accounted for 49% of company's total revenue  —  Fitbit is slowly righting its financial ship, courtesy of a successful push into smartwatch category.



from Techmeme https://ift.tt/2CRVBKE

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