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Highlights From Fitbit's Q2 2017 Earnings Call

TheMotleyFool

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Highlights From Fitbit's Q2 2017 Earnings CallPhoto, wide shot, wide-angle lens, Computer hardware manufacturer, Midday, harsh overhead sunlight, directional sunlightt, photo by Marc Adamus: https://img.theapi.app/temp/ec495607-1e17-40ee-a41d-7726313a9707.png

Highlights From Fitbit's Q2 2017 Earnings Call

Shares of Fitbit (NYSE: FIT) rallied 15% the day after the connected-fitness company presented its second-quarter report, beating its previously stated guidance. And the stock has moved up since that Aug. 3 jump. That's good news for investors, who have been punished during what management is calling a transitional year and are still down 60% over the past 12 months. But signs are emerging that the pain could be easing.