NEW YORK (TheStreet) -- Fitbit (FIT) - Get Fitbit, Inc. Class A Report reported its fiscal 2015 second quarter earnings results today after the market close. It's the company's first earnings report since going public in June.
The company beat analysts' estimates on both the top and bottom line.
For the latest quarter, the company reported earnings of 21 cents per share on revenue of $400.4 million.
Analysts had expected the fitness tracker company to post earnings of 8 cents per share on revenue of $319.45 million.
In the same period the previous year, the company earned 9 cents per share on revenue of $113.57 million.
The company sold 4.5 million wearable fitness devices in the quarter, up from 1.72 million in the same period the previous year.
"In the quarter, we introduced new features and services, expanded brand awareness, increased global distribution and further penetrated the corporate wellness market," CEO James Park stated.
The company said that its recent quarter saw the highest revenue in the company's eight-year history.
In after-hours trading on Wednesday, shares are falling 11.09% to $46.05. Shares closed today's trading session up 4.13% to $51.74.
Fitbit provides wearable fitness-tracking devices worldwide. The company makes both wrist bands and clippable devices that monitor a user's fitness activity by tracking the calories burned or distance covered.