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bar1080

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bar1080

Re: None

Friday, 02/21/2020 11:51:08 AM

Friday, February 21, 2020 11:51:08 AM

Post# of 1606
"Fitbit (FIT) Q4 Loss Wider Than Estimated, Revenues Lag"

"Fitbit, Inc. FIT reported fourth-quarter 2019 adjusted loss of 12 cents per share, wider than the Zacks Consensus Estimate of a loss of 4 cents.

The company’s total revenues came in at $502.1 million, down 12.1% year over year but up 44% on a sequential basis. The figure also missed the consensus estimate by 5.99%.

Following the weaker-than-expected fourth-quarter results, the share price fell 1.4% in after-hours trading."

https://finance.yahoo.com/news/fitbit-fit-q4-loss-wider-151503083.html

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