Fitbit Earnings

Trip Chowdhry, an analyst with Global Equities Research, suggested Fitbit Inc (NYSE: FIT)'s investors take their profits on the health and fitness company back in 2015. The analyst's call was spot-on as the stock peaked above $50 per share that year and steadily declined to an all-time low...

Shares of Fitbit Inc (NYSE: FIT) continue flirting with its all-time lows after the company pre-announced its fourth-quarter results in late January. After Wednesday's market close, Fitbit released its official results, and as expected, it consisted of a loss and revenue miss. Specifically, the...

The 30 percent decline in Fitbit Inc (NYSE: FIT)'s stock following its third-quarter earnings report is raising the question: Are consumers bored with activity trackers? David Larsen of Leerink believes this may be the case. In a research report on Thursday, the analyst maintained a Market Perform...

Fitbit Inc (NYSE: FIT), the maker of fitness tracking devices, reported on Tuesday its second-quarter results, which resulted in a 10 percent rally in the stock Wednesday morning. Fitbit said it earned $0.12 per share in the second quarter on revenue of $586.5 million. Wall Street analysts were...