Fitbit pops over 25% on earnings

Fitbit pops over 25% on earnings

6 years ago
Anonymous $yysEBM5EYi

https://www.cnbc.com/2018/11/01/fitbit-pops-over-25percent-on-earnings.html

Fitbit jumped over 25 percent in early trading Thursday after beating earnings and revenue estimates for the third quarter on Wednesday.

The company surpassed Street expectations of a one cent loss per share, reporting earnings of 4 cents per share. Fitbit beat revenue estimates of $381 million as well, reporting $394 million for the quarter.

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