Owlet Q2 Sales $20.700M Beat $18.500M Estimate
Portfolio Pulse from Benzinga Newsdesk
Owlet (NYSE:OWLT) reported Q2 sales of $20.7 million, surpassing the analyst estimate of $18.5 million by 11.89%. This marks a 58.02% increase from the same period last year.
August 12, 2024 | 8:33 pm
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Owlet reported Q2 sales of $20.7 million, beating the analyst estimate of $18.5 million by 11.89% and showing a 58.02% increase from the same period last year.
The significant beat on sales estimates and the substantial year-over-year growth are likely to positively impact Owlet's stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100