Oddity Tech Ltd. Q4 Profit Increases, Beats Estimates

Oddity Tech Ltd. (ODD) reported a profit for its fourth quarter that increased from the same period last year and beat the Street estimates.

The company's bottom line totaled $5.30 million, or $0.09 per share. This compares with $5.11 million, or $0.08 per share, last year.

Excluding items, Oddity Tech Ltd. reported adjusted earnings of $12.01 million or $0.20 per share for the period.

Analysts on average had expected the company to earn $0.13 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period rose 27.1% to $123.64 million from $97.25 million last year.

Oddity Tech Ltd. earnings at a glance (GAAP) :

-Earnings: $5.30 Mln. vs. $5.11 Mln. last year.
-EPS: $0.09 vs. $0.08 last year.
-Revenue: $123.64 Mln vs. $97.25 Mln last year.

-Guidance:
Next quarter EPS guidance: $0.61 - $0.63
Next quarter revenue guidance: $258 - $262 Mln

by RTTNews Staff Writer

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