James Park

Fitbit Stock Drops 13% on Q4 Earnings Miss
Financial Performance

Fitbit Stock Drops 13% on Q4 Earnings Miss

The wearables company's new Ionic smartwatch didn't meet its holiday expectations as fitness tracker sales dropped 17%.
By Matthew Heller | February 27, 2018
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Fitbit Runs Into Red Ink for Holiday Quarter
Technology

Fitbit Runs Into Red Ink for Holiday Quarter

Sales of Fitbit's health and fitness trackers fell to 6.5 million from 8.2 million even though it introduced four new devices last year.
By Matthew Heller | February 23, 2017
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Fitbit’s Profits Hit By Manufacturing Problems
Strategy

Fitbit’s Profits Hit By Manufacturing Problems

While revenue increased 23% year-over-year to $503.8 million, earnings fell well short of second-quarter expectations.
By Sean Allocca | November 3, 2016
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