Fitbit health alert: You appear to be bleeding

Sales fall, losses grow, but watch looks OK

Fitbit's year-on-year losses grew fivefold to $113.4m compared to a year ago, with sales of 3.6 million devices in the quarter, 7 per cent up from the previous quarter. The firm admitted it had been a "difficult year" as the fitness band craze diminished, with sales down considerably compared to the same period of 2016."