On Monday, connected health and fitness provider Fitbit unveiled their latest fitness wristbands – Fitbit Charge 2 and Fitbit Flex 2 that are now available for presale, with retail availability starting this fall. Building on the success of its wearable devices, the new Charge 2 and Flex 2 effortlessly track your most important health and fitness stats, with new sleek looks and an experience that is even more engaging, motivating and personal to help you reach your goals. Additonally, Fitbit
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Fitbit Blaze
Fitbit Sells 4.8 Million Wearables in Q1 2016, $505M in Revenue
Fitbit, Inc., a provider of connected health and fitness market this week reported it sold 4.8 million connected health and fitness devices in the first quarter of 2016. The wearables company reported total revenue of $505.4 million, GAAP diluted net income per share of $0.05, non-GAAP diluted net income per share of $0.10, and adjusted EBITDA of $45.1 million, for its first quarter of 2016.Successful Launch of Fitbit Blaze and Alta Weraables 47% of the reported revenue was driven by the recent
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