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November 2, 2015 09:46 pm GMT
Following the bell, Fitbit announced its third quarter financial performance, including revenue of $409.3 million, and earnings per share using normal accounting methods of $0.19. The company’s adjusted profit totaled $0.24 per share.The results are notably strong. Investors had expected the company to report a far-slimmer $0.10 adjusted per-share profit off of revenue of just $350.97. Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/5JwbDbn-Z2w/
Fitbit Crushes Expectations In Q3, But A Follow-On Equity Offering Drags Its Shares Down
Following the bell, Fitbit announced its third quarter financial performance, including revenue of $409.3 million, and earnings per share using normal accounting methods of $0.19. The company’s adjusted profit totaled $0.24 per share.The results are notably strong. Investors had expected the company to report a far-slimmer $0.10 adjusted per-share profit off of revenue of just $350.97. Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/5JwbDbn-Z2w/
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