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MarketScreener Homepage  >  Equities  >  Nyse  >  Fitbit, Inc.    FIT

FITBIT, INC.

(FIT)
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Fitbit : Schedules Third Quarter 2020 Financial Results for November 4, 2020

10/15/2020 | 06:29pm EST

Fitbit (NYSE: FIT), the leading global wearables brand, today announced that it expects to release results for its third quarter 2020 on Wednesday, November 4, after market close. Due to the pending merger with Google, Fitbit does not plan to host an earnings conference call.

About Fitbit, Inc. (NYSE: FIT)

Fitbit helps people lead healthier, more active lives by empowering them with data, inspiration and guidance to reach their goals. Fitbit designs products and experiences that track and provide motivation for everyday health and fitness. Fitbit’s diverse line of innovative and popular products includes Fitbit Sense™ and the Fitbit Ionic™ and Fitbit Versa™ family of smartwatches; Fitbit Charge 4™, Fitbit Charge 3™, Fitbit Inspire 2™, Fitbit Inspire HR™, Fitbit Inspire™ and Fitbit Ace 2™ activity trackers; as well as Fitbit Flyer™ wireless headphones and the Fitbit Aria family of smart scales. Fitbit products are carried in over 39,000 retail stores and in 100+ countries around the globe. Powered by one of the world’s largest databases of activity, exercise and sleep data and Fitbit’s leading health and fitness social network, the Fitbit platform delivers personalized experiences, insights and guidance through leading software and interactive tools, including the Fitbit and Fitbit Coach apps, and Fitbit OS for smartwatches. Fitbit’s paid subscription service, Fitbit Premium, uses your unique data to deliver actionable guidance and coaching in the Fitbit app to help you reach your health and fitness goals. Fitbit Health Solutions develops health and wellness solutions designed to help increase engagement, improve health outcomes, and drive a positive return for employers, health plans and health systems.

Fitbit and the Fitbit logo are trademarks or registered trademarks of Fitbit, Inc. in the U.S. and other countries. Additional Fitbit trademarks can be found at www.fitbit.com/legal/trademark-list. Third-party trademarks are the property of their respective owners.

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© Business Wire 2020
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Financials (USD)
Sales 2020 1 319 M - -
Net income 2020 -174 M - -
Net cash 2020 410 M - -
P/E ratio 2020 -11,2x
Yield 2020 -
Capitalization 1 956 M 1 956 M -
EV / Sales 2020 1,17x
EV / Sales 2021 1,14x
Nbr of Employees 1 764
Free-Float 89,4%
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Technical analysis trends FITBIT, INC.
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TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 5
Average target price 7,35 $
Last Close Price 7,18 $
Spread / Highest target 2,37%
Spread / Average Target 2,37%
Spread / Lowest Target 2,37%
EPS Revisions
Managers
NameTitle
James Park Chairman, President & Chief Executive Officer
Jeffrey P. Devine Executive Vice President-Operations
Dave Quong Executive VP-Business Operations & Strategy
Ronald Wayne Kisling Chief Financial Officer
Eric N. Friedman Director & Chief Technology Officer
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