Recap: Owlet Q4 Earnings

Owlet OWLT reported its Q4 earnings results on Thursday, March 7, 2024 at 04:05 PM.

Here's what investors need to know about the announcement.

Owlet missed estimated earnings by -200.0%, reporting an EPS of $-0.12 versus an estimate of $-0.04.

Revenue was up $9.00 million from the same period last year.

Last quarter the company missed on EPS by $0.34 which was followed by a 8.0% drop in the share price the next day.

Here's a look at Owlet's past performance:

Quarter	Q3 2023	Q2 2023	Q1 2023	Q4 2022
EPS Estimate	-0.36	-0.72	-1.26	-2.10
EPS Actual	-0.70	-0.56	-1.12	-1.96
Revenue Estimate	16.42M	14.38M	10.88M	12.92M
Revenue Actual	9.20M	13.10M	10.70M	12.00M

To track all earnings releases for Owlet visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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