Fitbit beat analyst estimates with Q2 revenue of $314M, up 5% YoY, but lowered Q3 guidance; stock down 14%+ after hours (Lauren Feiner/CNBC)
Lauren Feiner / CNBC:
Fitbit beat analyst estimates with Q2 revenue of $314M, up 5% YoY, but lowered Q3 guidance; stock down 14%+ after hours — KEY POINTS — The Fitbit Ionic has a few apps, with more to come — Shares of Fitbit cratered as much as 21% after hours on Wednesday after the company cut guidance …
Fitbit beat analyst estimates with Q2 revenue of 4M, up 5% YoY, but lowered Q3 guidance; stock down 14%+ after hours (Lauren Feiner/CNBC)
Source: Tech Meme
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