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Fitbit’s Q3 Revenues Expand 5 Percent

November 4, 2020

Fitbit Inc., which reached an agreement to be acquired by Google, reduced its loss in the third quarter as sales grew 4.8%. Revenue reached $363.9 million against $347.2 million a year ago. The net loss shrunk to $54.5 million, or 20 cents a share, from $51.9 million, or 52 cents, a year ago. Read more on SGB Media.