Lowering forecasts: The company said it expects revenue of between US$270mil (RM1.2bil) to US$290mil (RM1.29bil) for the first quarter.
Fitbit Inc forecast lower-than-expected revenue for the current quarter, underscoring the wearable device maker's struggles with waning demand for its fitness tracking bands in a maturing market.
The company said it expects revenue of between US$270mil (RM1.2bil) to US$290mil (RM1.29bil) for the first quarter.
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