BENGALURU (Aug 3): Wearable fitness device maker Fitbit Inc's quarterly revenue raced past analysts' estimates as demand jumped for its new devices, sending its shares up as much as 8.1% in after-market trading.

The company has been spending heavily to diversify its portfolio of colourful wristbands and clippable devices that track calories, sleeping patterns and heart rate, as well as enter new markets.

Fitbit's new products, Blaze and Alta and related accessories, accounted for 54% of revenue in the second quarter, up from 50% in the preceding quarter, the company said on Tuesday.

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