Fitbit quarterly results beat Street as it sold more wearable devices
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(Reuters) - Wearable device maker Fitbit Inc reported better-than expected first-quarter results on Wednesday, benefiting from higher sales of its smartwatches and wearable devices that track daily activities.Shares of the company rose 1.5 percent to $5.45 in late trade.Fitbit's trackers returned to year-over-year growth for the first time in three years, getting a boost from higher demand for its new 'Inspire' devices. Smartwatch sales also more than doubled in the quarter.Fitbit said it sold..