Fitbit (FIT) Tops Q2 EPS by 2c, Offers Guidance

Fitbit (NYSE: FIT) reported Q2 EPS of ($0.22), $0.02 better than the analyst estimate of ($0.24). Revenue for the quarter came in at $299 million versus the consensus estimate of $285.4 million.

GUIDANCE:

Fitbit sees Q3 2018 EPS of ($0.02)-$0.01, versus the consensus of ($0.02). Fitbit sees Q3 2018 revenue of $370-390 million, versus the consensus of $377 million.

Fitbit sees FY2018 revenue of $1.5 billion, versus the consensus of $1.48 billion.

For earnings history and earnings-related data on Fitbit (FIT) click here.

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