The United States can apparel equipment manufacturer Fitbit(FIT.US) announced 2019 money recently year money signs up for first quarter. The report shows, fitbit battalion closes first quarter for 271.9 million dollar, year of the corresponding period goes be 247.9 million dollar under photograph comparing; Net loss caustic is 79.5 million dollar, with photograph of 80.9 million dollar compared the net loss caustic of the corresponding period last year appreciably closes somewhat narrow. Fitbit outstanding achievement exceeds wall street analyst to anticipate first quarter, drive its dish hind share price goes up nearly 2% .
Main outstanding achievement:
Be in up to the season of this one money March 30, the net loss of Fitbit is 79.5 million dollar, every spread out small loss is 0.31 dollars, this one outstanding achievement slightly good last year the corresponding period. 2018 money year first quarter, the net loss of Fitbit is 80.9 million dollar, every spread out small loss is 0.34 dollars.
Not plan join certain one-time project (not according to) of standard of American general accounting, caustic of the net loss after be being adjusted first quarter is Fitbit 38.1 million dollar, the caustic of the net loss after adjusting that year of the corresponding period goes to under photograph comparing is 41 million dollar; Small loss of every booth after adjusting is 0.15 dollars, every after adjusting deficit that year of the corresponding period goes to under photograph comparing is 0.17 dollars, this one outstanding achievement is good anticipate at the analyst. The data that provides according to website of Yahoo finance and economics shows, 11 analysts before this anticipate Fitbit on average every deficit after be being adjusted first quarter will amount to 0.22 dollars.
Fitbit battalion closes first quarter for 271.9 million dollar, year of the corresponding period goes be 247.9 million dollar under photograph comparing, this one outstanding achievement also exceeds an analyst to anticipate. The data that provides according to website of Yahoo finance and economics shows, 9 analysts before this anticipate Fitbit on average battalion closes first quarter will amount to two hundred and fifty-nine million seven hundred and ten thousand dollar.
Differentiate by the area, beautiful first quarter state-operated receives Fitbit for 135 million dollar, with the photograph of 139 million dollar of the corresponding period was compared last year drop 3% , in total battalion the place in closing holds proportion for 50% .
Fitbit international battalion closes first quarter for 137 million dollar, with photograph of the corresponding period compared growth last year 26% , in total battalion the place in closing holds proportion for 50% . Among them, europe, middle east and African area (the battalion of EMEA) area closes for 87 million dollar, with the photograph of 65 million dollar of the corresponding period compared growth last year 35% ; Asia-Pacific area (the battalion of APAC) closes for 34 million dollar, with the photograph of 28 million dollar of the corresponding period compared growth last year 24% ; America closes with the battalion of nonlocal area except the United States for 15 million dollar, with the photograph of 16 million dollar of the corresponding period was compared last year drop 5% .
Other and financial information:
Fitbit wool interest rate is first quarter 32.9% , year of the corresponding period goes under photograph comparing for 46.0% ; Not plan join certain one-time project (not according to) of standard of American general accounting, fitbit wool interest rate is first quarter 34.2% , year of the corresponding period goes under photograph comparing for 47.1% .
Not according to standard of American general accounting, fitbit the EBITDA(after be being adjusted first quarter namely not plan enter accrual, duty, the gain of depreciation and amortize) for - 43.2 million dollar, year of the corresponding period goes be under photograph comparing - 46.2 million dollar.
Fitbit first quarter already gross of work off equipment was achieved 2.9 million, with photograph of the corresponding period compared growth last year 36% ; Average price is 91 dollars, with photograph of the corresponding period was compared last year drop 19% , because the company rolled out more low equipment,basically join the doorsill of its community in order to reduce active user.
Expenses of total first quarter operation is Fitbit 172 million dollar, year of the corresponding period goes be 197 million dollar under photograph comparing. Among them, defray of research and development is 77 million dollar, year of the corresponding period goes be 89.3 million dollar under photograph comparing; Sale and sale defray are 68.6 million dollar, year of the corresponding period goes be 72.1 million dollar under photograph comparing; General affairs and administrative expenses are 26.7 million dollar, year of the corresponding period goes be 36.1 million dollar under photograph comparing.
Outstanding achievement looks into:
Fitbit is forecasted, 2019 money year battalion of the 2nd quarter closes will amount to 305 million dollar to come 320 million dollar, grow 2% to arrive compared to the same period 7% ; Will not be according to the wool interest rate of standard of American general accounting 36% to 38% the left and right sides; Will not be 0.17 dollars to arrive according to every basic net loss of standard of American general accounting 0.2 dollars; The EBITDA after adjusting will be in - 47 million dollar arrives - between 59 million dollar; Do not be about according to the effective tax rate of standard of American general accounting 25% ; Equity rewards defray to be 21 million dollar about; Capital expenditure in total battalion the place in closing occupies scale to be about 5% .
Fitbit still is forecasted, 2019 money year battalion closes will amount to 1.52 billion dollar to come 1.58 billion dollar, grow 1% to arrive compared to the same period 4% ; Will not be according to the wool interest rate of standard of American general accounting 40% the left and right sides; Operation expenses predicts to will arrive in 660 million dollar between 690 million dollar; The EBITDA after adjusting will be in - between balance of profit and loss of 30 million dollar; Do not be about according to the effective tax rate of standard of American general accounting 30% ; Equity rewards defray to be 83 million dollar about; Capital expenditure in total battalion the place in closing occupies scale to be about 3% ; Free cash flows to be about - 40 million dollar arrives - 70 million dollar.
Share price reaction:
That day, fitbit share price trades in the convention of new York stock exchange in rise 0.09 dollars, the newspaper closes at 5.37 dollars, go up for 1.70% . Be in subsequently up to Zhou San of time of American the eastpart part afternoon 5:38 (Beijing time Zhou Siling morning 5:38) dish hind in trading, fitbit share price rises once more 0.09 dollars, to 5.46 dollars, go up for 1.68% . In the past 52 weeks, the maximum price of Fitbit is 7.79 dollars, minimum price is 4.23 dollars.
