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A comment on Fitbit Files IPO.

Re:Fitbit Files IPO by djloche on Thursday May 07, 2015 @05:02PM (#9508287)
2014 was an incredible year for them revenue/profit wise, and the first 3 months are already showing impressive growth.

2013 - 271M revenue, 51M loss.

2014 - 745M revenue, 131M profit.

Q1 2014 - 108M revenue, 8M profit.

Q1 2015 - 336M revenue, 47M profit.

These are fantastic numbers - I don't blame them deciding to go public now.

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Re:Fitbit Files IPO by misteredison12 on Thursday May 07, 2015 @05:20PM (#9508379)
The only way an IPO makes sense is if they're going to raise money to compete with the Apple Watch or to move into a completely different product category.
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Re:Fitbit Files IPO by Narkov on Thursday May 07, 2015 @06:18PM (#9508743)
...or to get out.
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