FIT News and Press, Fitbit Inc. Class A From 05/20/20

Background Alphabet (GOOG) (GOOGL) made headlines last October when it was reported that the company was in talks to purchase the fallen angel wearables company, Fitbit (FIT). Despite struggling on its own, Fitbit could prove to be an accretive asset to Google with its endeavors into the h...

Maybe it's just me, but when I think of Garmin ( GRMN ) the first thing that came to mind was the well-known navigation device TomTom that was an incredible tool for my friends and me to use in the early 2000s while taking road trips throughout the beautiful Pacific Northwest. The technology f...

Merger activity sputtered to a stop again last week with no new deals announced and one deal closing. This is the fifth week this year with no new deals announced. There were however some potential deals that were announced last week. On Monday, May 11, 2020, according to Bloomberg, Amazon.c...

Fitbit (NYSE: FIT ) will submit its ventilator technology to the FDA in the coming days under the Emergency Use Authorization, CEO James Park tells CNBC . More news on: Fitbit, Inc., Tech stocks news, Healthcare stocks news, Read more ...

It's been over six months since Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) proposed its $2.1 billion acquisition of wearables maker Fitbit (NYSE: FIT) . The deal has attracted criticism and underscored ongoing antitrust scrutiny of large powerful tech companies. Earlier this year, the...

An EU consumer group is criticizing Alphabet 's (NASDAQ: GOOG) (NASDAQ: GOOGL) impending acquisition of Fitbit (NYSE: FIT)  on the grounds that the deal won't encourage competition or benefit customers. In a report , the BEUC called on the European Commission and other regulators ...

Fitbit (NYSE: FIT ) - still moving toward an acquisition by Google ( GOOG , GOOGL ) - is 0.7% lower in after-hours trading after its Q1 earnings missed consensus expectations after disruption in the COVID-19 pandemic. More news on: Fitbit, Inc., Alphabet Inc., Alphabet Inc., Tech stoc...

Fitbit (NYSE: FIT ): Q1 Non-GAAP EPS of -$0.24 misses by $0.08 ; GAAP EPS of $0.07 beats by $0.33 . More news on: Fitbit, Inc., Earnings news and commentary, Tech stocks news, Read more ...

Revenue of $188 million, GAAP Net Income Per Share of $0.07, Non-GAAP Net Loss Per Share of $(0.24) Fitbit, Inc. (NYSE:FIT) today reported revenue of $188 million, GAAP net income per share of $0.07, non-GAAP net loss per share of $(0.24), GAAP net income of $20 million, non-GAAP n...

Study part of broader Company efforts to make health tools more accessible and reduce the risk of life-threatening events like stroke Fitbit (NYSE: FIT) today launched the Fitbit Heart Study , its first large-scale, virtual study to validate the use of its wearable technology to i...