Benzinga | Nov 4, 2020 04:07PM EST

Fitbit Q3 Adj. EPS $(0.03) Beats $(0.12) Estimate, Sales $364.00M Beat $298.20M Estimate

Fitbit (NYSE:FIT) reported quarterly losses of $(0.03) per share which beat the analyst consensus estimate of $(0.12) by 75 percent. This is a 70 percent increase over losses of $(0.10) per share from the same period last year. The company reported quarterly sales of $364.00 million which beat the analyst consensus estimate of $298.20 million by 22.07 percent. This is a 4.84 percent increase over sales of $347.20 million the same period last year.