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Fitbit Inc (FIT.N)

FIT.N on New York Stock Exchange

7.01USD
22 Jun 2018
Change (% chg)

$-0.11 (-1.54%)
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$7.12
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Volume
2,825,487
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Latest Key Developments (Source: Significant Developments)

Fitbit Announces Departure Of Chief Financial Officer Bill Zerella
Wednesday, 6 Jun 2018 

June 6 (Reuters) - Fitbit Inc ::FITBIT ANNOUNCES DEPARTURE OF CHIEF FINANCIAL OFFICER BILL ZERELLA.FITBIT INC - COMPANY PROMOTES CHIEF ACCOUNTING OFFICER RON KISLING TO CFO.FITBIT INC - REAFFIRMS Q2 AND FY 2018 REVENUE AND EARNINGS GUIDANCE.FITBIT INC - HAS INCREASED CONFIDENCE IN ITS OUTLOOK THAT SMARTWATCH REVENUE WILL BE MORE THAN 50% OF SALES IN SECOND HALF OF 2018.  Full Article

ACCC Updates On Court Enforceable Undertaking From Fitbit (Australia)
Friday, 1 Jun 2018 

June 1 (Reuters) - Australian Competition and Consumer Commission::ACCEPTED COURT ENFORCEABLE UNDERTAKING FROM FITBIT (AUSTRALIA) TO AMEND INFORMATION THEY PROVIDE ABOUT CONSUMER GUARANTEE RIGHTS.  Full Article

Fitbit And Google Announce Collaboration To Accelerate Innovation In Digital Health And Wearables
Monday, 30 Apr 2018 

April 30 (Reuters) - Fitbit Inc ::FITBIT AND GOOGLE ANNOUNCE COLLABORATION TO ACCELERATE INNOVATION IN DIGITAL HEALTH AND WEARABLES.FITBIT INC - INTENDS TO USE GOOGLE'S NEW CLOUD HEALTHCARE API TO HELP CO INTEGRATE FURTHER INTO HEALTHCARE SYSTEM.  Full Article

Wells Fargo Announces Support For Fitbit Pay
Thursday, 11 Jan 2018 

Jan 11 (Reuters) - Wells Fargo & Co ::WELLS FARGO ANNOUNCES SUPPORT FOR FITBIT PAY™.WELLS FARGO & CO - WELLS FARGO CUSTOMERS WILL BE ABLE TO USE NEW FITBIT IONIC SMARTWATCH TO MAKE SEAMLESS MOBILE PAYMENTS.  Full Article

Fitbit Inc reports Q3 GAAP loss per share $0.48
Wednesday, 1 Nov 2017 

Nov 1 (Reuters) - Fitbit Inc :Fitbit reports third quarter results.Sees q4 2017 non-GAAP loss per share $0.03 to $+0.01.Sees fy 2017 non-GAAP loss per share $0.23 to $0.27.Q3 GAAP loss per share $0.48.Sees q4 2017 revenue $570 million to $600 million.Sees fy 2017 revenue $1.615 billion to $1.645 billion.Q3 revenue $393 million versus I/B/E/S view $391.7 million.Q3 non-GAAP loss per share $0.01.Q3 earnings per share view $-0.03 -- Thomson Reuters I/B/E/S.Q4 earnings per share view $-0.04, revenue view $583.7 million -- Thomson Reuters I/B/E/S.Fy2017 earnings per share view $-0.32, revenue view $1.62 billion -- Thomson Reuters I/B/E/S.Fitbit Inc - ‍sold 3.6 million devices in quarter, up 7% sequentially from q2 of 2017​.  Full Article

Fitbit director Callaghan sells 15,000 shares of co's Class A common stock
Friday, 2 Sep 2016 

Fitbit Inc :Director Jon Callaghan reports sale of 15,000 shares of co's Class A common stock on Sept 1 at average $14.91 per share - SEC filing.  Full Article

Fitbit introduces Fitbit Charge 2 and Fitbit Flex 2
Monday, 29 Aug 2016 

Fitbit Inc :Fitbit Charge 2 and Fitbit Flex 2.  Full Article

Fitbit Q2 non-GAAP shr $0.12
Tuesday, 2 Aug 2016 

Fitbit Inc : Fitbit reports $587 m Q216 revenue, $0.03 GAAP EPS/$0.12 non-GAAP EPS, and confirms revenue and profit guidance for FY16 . Sees Q3 2016 non-GAAP shr $0.17 to $0.19 . Sees FY 2016 non-GAAP shr $1.12 TO $1.24 . Q2 non-GAAP shr $0.12 . Q2 GAAP shr $0.03 . Sees Q3 2016 REVENUE $490 mln to $510 mln . Sees FY 2016 revenue $2.5 bln to $2.6 bln . Qtrly revenue of $586.5 mln . Q2 shr view $0.11 -- Thomson Reuters I/B/E/S . Qtrly GAAP diluted net income per share of $0.03 . Qtrly non-GAAP diluted net income per share of $0.12 .Says sold 5.7 mln devices in Q2.  Full Article

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Fitbit's six current, ex-staff indicted in Jawbone trade secrets case

​Six former and current employees of Fitbit Inc were ​charged in a federal indictment for possessing trade secrets stolen from rival Jawbone, according to a statement from the Department of Justice on Thursday.