Fitbit (FIT) reported Q4 revenue of $574 million, just shy of the analyst consensus of $576 million on Capital IQ. Non-GAAP loss was $0.56 per share, vs. expectations of a loss of $0.54 per share.
For Q1, the company expects revenue of $270-$290 million, vs. the Street view of $303 million. Non-GAAP loss is seen in the range of $0.18-$0.20 per share, vs. the Street view of a loss of $0.17 per share.
For the full year 2017, it is targeting revenue of $1.5-$1.7 billion, vs. expectations of $1.58 billion. Non-GAAP loss is targeted in the range of $0.22-$0.44, vs. the analyst view of a loss of $0.37 per share.
