Fitbit's Versa Lite sales were 'weaker than expected'

Fitbit's smartwatch-fueled recovery just hit a setback. The wearable maker reported that its smartwatch revenue dropped 27 percent year-over-year in the second quarter as a result of "weaker than expected" Versa Lite sales. While it still lost less…
Source: Engadget | Fitbit's Versa Lite sales were 'weaker than expected'