Owlet Q4 revenue $20.5M, gross margin 53.5%; FY2024 rev up 45% to $78.1M; guides FY2025 rev $88-92M

Owlet, Inc.

Q4 revenue $20.5M (down 2% YoY but up 37% adjusting for Amazon partner shift); gross margin 53.5% (+650 bps).
Q4 adjusted EBITDA positive $0.5M, improving $1.2M YoY; net loss $9.1M vs $6.9M.
FY2024 revenue $78.1M (+45%); gross margin 50.4% (+850 bps); net loss $12.5M vs $32.9M.
FY2025 guidance: revenue $88-92M, gross margin 50-52%, targeting full-year adjusted EBITDA profitability.
Launched Owlet360 subscription service leveraging pediatric health data for personalized insights.

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