Owlet Announces Fourth Quarter and Fiscal Year 2023 Results [Yahoo! Finance]
Owlet, Inc. Class A (OWLT)
Company Research
Source: Yahoo! Finance
financial results for the fourth quarter and fiscal year ended December 31, 2023. Owlet's Chief Executive Officer and Co-Founder, Kurt Workman, and Chief Financial Officer, Kate Scolnick, will host a conference call to review the Company's results and provide a business update today, March 7, 2024, at 4:30 p.m. ET. Q4 2023 Financial Highlights Q4 Revenue was approximately $21.0 million. Q4 Gross Margin was approximately 47.1%. Q4 Net Loss was approximately $6.9 million, down 65% from $19.5 million year over year. Q4 adjusted EBITDA loss was approximately $0.7 million, down 95% from $15.2 million year over year. Fiscal Year 2023 Financial Highlights FY 2023 Revenue was approximately $54.0 million. FY 2023 Gross Margin was approximately 41.8%, up 810 basis points from 33.7% in 2022. FY 2023 Net Loss was approximately $32.9 million, down 59% from $79.3 million in 2022. FY 2023 adjusted EBITDA loss was approximately $16.3 million, down 76% from $68.3 million year over
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News
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- Owlet Announces Fourth Quarter and Fiscal Year 2023 ResultsBusiness Wire
OWLT
Earnings
- 3/7/24 - Miss
OWLT
Sec Filings
- 3/20/24 - Form 4
- 3/20/24 - Form 4
- 3/15/24 - Form 4
- OWLT's page on the SEC website