Fitbit’s Q2 Results Show Weak Smartwatch Revenue Due to Poor Versa Lite Sales

Fitbit Q2 2019 results
Image: Fitbit
Fitbit’s earnings call for Q2 2019 show that the company’s revenue and device sales were up but the average price of the devices was down. This has led to Fitbit to lower its revenue guidance by $95 million. Related Fitbit and Solera Health Expand Collaboration to Reduce Type 2 Diabetes Risk The company reported revenue […]