Owlet reported a quarterly loss of $0.09 per share, beating the Zacks Consensus Estimate for a $0.18 loss by $0.09. The company also improved versus a $0.07-per-share loss in the same quarter last year, indicating better bottom-line performance year over year. The release is modestly positive and likely relevant primarily to OWLT shares rather than the broader market.
Owlet reported a quarterly loss of $0.09 per share, beating the Zacks Consensus Estimate for a $0.18 loss by $0.09. The company also improved versus a $0.07-per-share loss in the same quarter last year, indicating better bottom-line performance year over year. The release is modestly positive and likely relevant primarily to OWLT shares rather than the broader market.
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moderately positive
Sentiment Score
0.35
Ticker Sentiment
