Fitbit's loss narrows on higher sales for new devices

Fitbit's loss narrows on higher sales for new devices

7 years ago
Anonymous $oIHRkISgaL

https://www.reuters.com/article/us-fitbit-results/fitbits-loss-narrows-on-higher-sales-for-new-devices-idUSKBN1KM62J

Wearable device maker Fitbit Inc reported a smaller-than-expected loss as it sold more of its newer devices such as Ionic and Versa, accounting for about 59 percent of the overall revenue.

Fitbit's loss narrows on higher sales for new devices

Aug 1, 2018, 9:35pm UTC
https://www.reuters.com/article/us-fitbit-results/fitbits-loss-narrows-on-higher-sales-for-new-devices-idUSKBN1KM62J >Wearable device maker Fitbit Inc reported a smaller-than-expected loss as it sold more of its newer devices such as Ionic and Versa, accounting for about 59 percent of the overall revenue.