Fitbit Reports Widening Loss, Investors Shrug
Fitbit (NYSE: FIT) reported third-quarter earnings this week, which saw revenue decline and net losses widen substantially. Due to the pending acquisition by Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) subsidiary Google, the market barely flinched. Those losses will soon be Google's problem to contend with.
Here are the details for what could be Fitbit's last earnings release as an independent company before it gets swallowed by the search giant.
Image source: Fitbit.
Source Fool.com
