Fitbit’s Holiday Outlook Disappoints – Wall Street Journal

Wall Street Journal
Fitbit Inc. on Wednesday posted a 43% decline in third-quarter net income and sharply lowered its projected holiday-season sales, sending shares down 30%. The San Francisco-based maker of fitness trackers said it now expects full-year sales of $2.32 …
Fitbit Takes a Tumble Before the Holiday QuarterFortune
Fitbit crashes 30% after missing on sales and cutting its full-year earnings forecastBusiness Insider
Fitbit’s holiday-quarter sales forecast misses estimates, shares plungeReuters

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