Fitbit Inc. (NYSE: FIT) reported third quarter 2020 earnings results today. Revenues increased 5% year-over-year to $364 million. GAAP net loss was $54.5 million, or $0.20 per share, compared to $52 million, or $0.20 per share, last year. Adjusted net loss amounted to $8.3 million, or $0.03 per share, versus $26.7 million, or $0.10 per […]
“Fitbit Inc. (NYSE: FIT) reported third quarter 2020 earnings results today. Revenues increased 5% year-over-year to $364 million. GAAP net loss was $54.5 million, or $0.20 per share, compared to $52 million, or $0.20 per share, last year. Adjusted net loss amounted to $8.3 million, or $0.03 per share, versus $26.7 million, or $0.10 per […]
· November 4, 2020
Fitbit Inc. (NYSE: FIT) reported third quarter 2020 earnings results today.
Revenues increased 5% year-over-year to $364 million.
GAAP net loss was $54.5 million, or $0.20 per share, compared to $52 million, or $0.20 per share, last year.
Adjusted net loss amounted to $8.3 million, or $0.03 per share, versus $26.7 million, or $0.10 per share, last year.
The number of devices sold amounted to 3.3 million during the quarter.
