Fitbit posts a net loss of $2.1M in Q3, down from $113.4M a year ago, on revenue of $393.6M, as smartwatches accounted for 49% of company's total revenue (Brian Heater/TechCrunch)

Brian Heater / TechCrunch:
Fitbit posts a net loss of $2.1M in Q3, down from $113.4M a year ago, on revenue of $393.6M, as smartwatches accounted for 49% of company's total revenue  —  Fitbit is slowly righting its financial ship, courtesy of a successful push into smartwatch category.



from Techmeme http://www.techmeme.com/181031/p30#a181031p30