Fitbit lowers guidance after Versa Lite disappoints

4:17pm PDT - July 31st, 2019    apple stock - TechCrunch

Fitbit continued solid device growth for Q2, up 31%, year over year, representing a 5% bump in revenue. From that angle, the company’s long-term turnaround appears to be on track — but things weren’t all cheery this time out. Notably, the company’s stock is d…