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.
Prior performance
Most Popular
Macy’s (M), Target (TGT), Dollar Tree (DLTR): Major retailers and a costly holiday season
The holiday season has started and it is the time for cheer but this year inflation is proving to be a major spoilsport for the festivities. As customers struggle to
Here’s a look at Dollar Tree’s (DLTR) expectations for the remainder of the year
Shares of Dollar Tree Inc. (NASDAQ: DLTR) were down over 1% on Wednesday, a day after the company reported earnings results for the third quarter of 2022. Revenue and earnings
Target Corporation (TGT): A look at how the retail giant is shaping up against an inflationary backdrop
Shares of Target Corporation (NYSE: TGT) were up over 1% on Wednesday. The stock has dropped 30% year-to-date and 35% over the past 12 months. Last week the company reported
