Fitbit Beats Estimates Amid Stronger Sales in U.S., Europe

  • Second-quarter revenue gains 46%; maintains third quarter view
  • Shares rise as much as 7.9 percent in after-market trading

The Road Ahead for Fitbit

Fitbit Inc. beat analysts’ estimates for second-quarter earnings and reiterated its outlook for the current period, suggesting the new line of wearable fitness trackers are gaining traction in the U.S. and Europe, even amid increasing competition.

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