earnings
confidence high
sentiment positive
materiality 0.80
Owlet Q1 revenue $21.1M (+43% YoY); raises FY2025 revenue guidance to $91-95M
Owlet, Inc.
2025-Q1 EPS reported
$0.11
revenue$21,104,000
- Q1 revenue $21.1M, up 43.1% YoY; gross margin 53.7%, up 930 bps to 53.7%.
- Adjusted EBITDA breakeven vs -$3.1M a year ago; fourth consecutive quarter at or above breakeven.
- Net income $3.0M includes $6.7M warrant gain; adjusted net loss per share improved to $0.07 from $0.39.
- FY2025 revenue guidance raised to $91-95M (17-22% growth); gross margin 46-50% including tariffs.
- Owlet360 reaches 48,000 paying subscribers; new hospital distribution partnership with Children's Hospital of The King's Daughters.