Fitbit Crushes Expectations In Q3, But A Follow-On Equity Offering Drags Its Shares Down

 Following the bell, Fitbit announced its third-quarter financial performance, including revenue of $ 409.3 million, and earnings per share using normal accounting methods of $ 0.19. The company’s adjusted profit totaled $ 0.24 per share. The results are notably strong.… Continue Reading

Reserve Acquires Set For Service, A Startup Offering Guest Management Tools For Restaurants

 Reserve, a “dining concierge” startup that helps users with restaurant reservations and payments, has acquired bootstrapped New York City company Set for Service. Set for Service offers a web and iPhone app (pictured below) that serves as a CRM system… Continue Reading