Although Fitbit (FIT) has yet to officially announce its Q3 earnings release date, the report should be released on or about October 30th. I will not opine on whether or not I believe FIT will beat earnings expectations, and I'm not too concerned with whether they do or not because, ultimately, that will impact the stock in the near term. I am, however, looking for certain indications of FIT's long-term potential.
Acquisition Chatter
Undoubtedly, investors will be focused on if FIT discloses any information regarding its engagement with Qatalyst Partners, which was