Tag: Fitbit

News highlights – 3 May

News highlights – 3 May

Written by on May 4, 2017 in News with 0 Comments

News highlights for 3 May Fitbit sprints past its revenue forecast, shares rise (Reuters) – Wearable device maker Fitbit Inc reported quarterly revenue above its own forecast, and said launches planned for this year were on track, sending the company’s shares up 7.2 percent in after-market trading on Wednesday. Read more… Imagination Technologies heads into […]

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Fibit shares plunge on revenue forecast, what is the future for wearables?

Fibit shares plunge on revenue forecast, what is the future for wearables?

Written by on November 3, 2016 in News with 0 Comments

(Reuters) – Wearable fitness device maker Fitbit Inc’s revenue forecast for the key-holiday shopping quarter fell well below of analysts’ estimates, hurt by soft demand and production issues related to its new Flex 2 wristband. Shares of the company, which also reported lower-than-expected quarterly revenue, plummeted more than 30 percent in extended trading on Wednesday […]

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News highlights – August 23

News highlights – August 23

Written by on August 24, 2016 in News with 0 Comments

News highlights for August 23 Facebook makes bid for teens with video-enlivened app Facebook is appealing to teens with Lifestage, a video-driven app targeted specifically to high schoolers looking to make connections. Nineteen-year-old Michael Sayman developed the app. Read more… US trade judge clears Fitbit of stealing Jawbone’s trade secrets NEW YORK (Reuters) – Fitbit […]

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