Fitbit's loss narrows on higher sales for new devices
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.