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Owlet Q2 Adj EPS $(0.56) Beats $(0.72) Estimate, Sales $13.10M Miss $14.38M Estimate

Author: Benzinga Newsdesk | August 14, 2023 04:09pm
Owlet (NYSE:OWLT) reported quarterly losses of $(0.56) per share which beat the analyst consensus estimate of $(0.72) by 22.22 percent. This is a 75 percent increase over losses of $(2.24) per share from the same period last year. The company reported quarterly sales of $13.10 million which missed the analyst consensus estimate of $14.38 million by 8.90 percent. This is a 28.42 percent decrease over sales of $18.30 million the same period last year.

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