earnings
confidence high
sentiment neutral
materiality 0.75
Owlet prelim Q3 revenue $30-32M (up 36-45% YoY); gross margin 49.5-51%; launches $30M stock offering
Owlet, Inc.
2025-Q3 EPS reported
-$2.03
revenue$79,155,000
- Revenue for Q3 2025 estimated $30M-$32M vs $22.1M in Q3 2024 (approx. 36-45% YoY growth).
- Gross margin estimated 49.5%-51% vs 52.2% in prior year, decline attributed to tariffs.
- Cash and equivalents ~$23.8M including $18.6M additional borrowings under credit facility during Q3.
- Underwriting agreement to sell 4.196M shares at $7.15/sh; proceeds for commercialization, R&D, general corporate.
- Underwriters have 30-day option to purchase up to 629,400 additional shares; 90-day lock-up for insiders.