Fitbit has created a surprise in the market by reporting an adjusted net profit for its third quarter, led by strong sales of its smartwatches, sending the price of its shares up by nearly 9 percent. Revenues inched up by 0.3 percent to $393.6 million, also topping Wall Street estimates.
Already an SGI Europe subscriber? Sign in here
By registering today you’ll get access to:
For full access to our business intelligence and to receive in-depth insights, analysis, downloadable charts, infographics and more, become a member today
For corporate membership options and enquiries, please visit our corporate membership page