secwatch.observer — SEC 8-K summary
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Issuer:     Owlet, Inc. (OWLT)
CIK:        0001816708
Form:       8-K
Filed at:   2025-05-08T23:59:59+00:00
Accession:  0001628280-25-023770
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Owlet Q1 revenue $21.1M (+43% YoY); raises FY2025 revenue guidance to $91-95M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1816708/000162828025023770/0001628280-25-023770-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1816708/000162828025023770/owlt-20250508.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-023770

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