Fitbit reports Q4 revenue of $570.8M, versus an estimated $588.9M, and 5.4M wearable devices shipped, compared to 6.5M in Q4 2016; stock drops 12%+ after hours (Matthew Lynley/TechCrunch)

Matthew Lynley / TechCrunch:
Fitbit reports Q4 revenue of $570.8M, versus an estimated $588.9M, and 5.4M wearable devices shipped, compared to 6.5M in Q4 2016; stock drops 12%+ after hours  —  Fitbit, which has increasingly had to fend off competition from devices like the Apple Watch and is increasingly making moves …

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