Fitbit posts smaller loss on strong smartwatch sales

Fitbit posts smaller loss on strong smartwatch sales

6 years ago
Anonymous $oIHRkISgaL

https://www.reuters.com/article/us-fitbit-results/fitbit-posts-smaller-loss-on-strong-smartwatch-sales-idUSKBN1KM62J

Wearable device maker Fitbit Inc on Wednesday reported a smaller-than-expected quarterly loss on higher sales for new smartwatches such as Versa and Ionic, sending its shares up 3.4 percent.