On a GAAP basis, net loss was $79.5 million, or $0.31 per share, versus $80.9 million, or $0.34 per share, in the year-ago period. Adjusted net loss was $38.1 million, or $0.15 per share.
Revenue in the US fell 3% to $135 million while international revenues grew 26% to $137 million. The Fitbit Health Solutions business grew 70% with revenues of $30.5 million, and is on track to achieve its full-year revenue target of approx. $100 million.
Fitbit sold 2.9 million devices during the quarter, up 36% year-over-year. Average selling price dropped 19% to $91 per device due to the introduction of more affordable devices.
For the second quarter of 2019, Fitbit expects revenues to grow 2-7% year-over-year to a range of $305 million to $320 million. For the full year of 2019, revenues are expected to grow 1-4% to a range of $1.52 billion to $1.58 billion. The company expects to see an increase in devices sold and a decline in average selling price both for the second quarter and full-year 2019.
