Fitbit reports Q4 net income of $15.4M on revenue of $571.2M and says it sold 13.9M wearables in 2018, down 9% YoY; stock down 11%+ after hours (Larry Dignan/ZDNet)

Fitbit reports Q4 net income of $15.4M on revenue of $571.2M and says it sold 13.9M wearables in 2018, down 9% YoY; stock down 11%+ after hours (Larry Dignan/ZDNet)


Larry Dignan / ZDNet:

Fitbit reports Q4 net income of $15.4M on revenue of $571.2M and says it sold 13.9M wearables in 2018, down 9% YoY; stock down 11%+ after hours  —  James Park, CEO of Fitbit, said “we expect our Fitbit Health Solutions revenue growth to accelerate to approximately $100 million and to grow non-device consumer revenue.”

Fitbit reports Q4 net income of .4M on revenue of 1.2M and says it sold 13.9M wearables in 2018, down 9% YoY; stock down 11%+ after hours (Larry Dignan/ZDNet)
Source: Tech Meme