Fitbit (FIT) Tops Q2 EPS by 2c, Offers Guidance
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Fitbit Reports Second Quarter 2018 Results
August 1, 2018 4:05 PM EDTRevenue of $299 million, GAAP Loss Per Share of ($0.49), Non-GAAP Loss Per Share of ($0.22) Fitbit VersaTM sells out in the quarter, smartwatch revenue grows to 55%
SAN FRANCISCO--(BUSINESS WIRE)-- Fitbit, Inc. (NYSE: FIT), the leading global wearables brand, today reported revenue of $299 million, GAAP net loss per share of ($0.49), non-GAAP net loss per share of ($0.22), GAAP net loss of ($118) million, non-GAAP net loss of ($54) million, cash flow from operations of ($67) million and free cash flow of ($83) million for its second quarter of 2018.
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