Fitbit’s latest earnings call was a mixed bag for the wearable giant. The company’s revenue and device sales were up; however, the average price of the devices was down. This has led to the company to lower its revenue guidance by $95 million.
It appears to be continuing to focus in on its health division, which is seeing an uptick in year-over-year revenue, and is on track to meet its $100...
Fitbit’s busy morning may have been headlined by news of its latest consumer devices, but lately the wearables company has also had plenty to say on its inroads with health plans, clinical researchers and large employers. In fact, the company devoted a substantial portion of its press event yesterday to its ever-growing health services operations and a new deal involving Solera Health’s...
Fitbit has pulled back the curtain on its latest collection of health and fitness wearables. Chief among these is a scaled back take on the company’s popular Versa smartwatch called the Fitbit Versa Lite. Other new device announcements include a second version of the kid-focused Fitbit Ace, as well as wider consumer availability of the previously revealed Fitbit Inspire and Fitbit Inspire HR.
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