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Longbow Research Sees Fitbit Continuing To Take Market Share In Affordable Wearables
Wednesday, August 3, 2016 - 11:05am | 344Longbow Research expects Fitbit Inc (NYSE: FIT) to continue to take share in mainstream $100–$150 wearables. Fitbit reported second-quarter EPS of $0.12, $0.01 above consensus, and its revenue of $586.5 million also topped the Street's view of $578 million. The strong demand for Alta, Blaze...