Fitbit has a very unusual characteristic among tech companies going public these days — it actually makes money. A lot of money.
Fitbit Offers a Rarity for Tech IPOs: Profit
In the first quarter of 2015, San Francisco-based Fitbit, slated to make its market debut Thursday, generated net income of $48 million, a more than fivefold increase from a year earlier.
This article originally appeared on Recode.net.











