Oddity Tech Sees Q4 EPS $0.10-$0.12 Vs $0.11 Est.; Revenue $82M-$85M Vs $80.75M Est.
Portfolio Pulse from Benzinga Newsdesk
Oddity Tech has provided its Q4 2023 guidance, expecting net revenue between $82M-$85M, representing YoY growth of 22-26%, and adjusted EBITDA between $13M-$14M. The company also anticipates an adjusted diluted EPS of $0.10-$0.12, with a stock-based compensation expense of approximately $8M.
November 08, 2023 | 1:36 am
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POSITIVE IMPACT
Oddity Tech's Q4 2023 guidance exceeds estimates, with higher expected net revenue and adjusted EBITDA. This could positively impact the company's stock.
Oddity Tech's Q4 2023 guidance exceeds estimates, indicating strong financial performance. This could lead to increased investor confidence and a potential rise in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100