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OWLT Q2 2023 Earnings — Owlet, Inc. Revenue & Financial Results | Market Cap Arena
OWLT
Owlet, Inc.
$97M
Q2 2023 Earnings
Healthcare
Medical - Devices
Income Statement
Revenue
$13M
-28.7% YoY
Gross Profit
$5M
40.0% margin
Operating Income
-$7M
-51.3% margin
Net Income
-$8M
-64.7% margin
EPS (Diluted)
$-1.03
QoQ Revenue Growth
+21.9%
Cash Flow
Operating Cash Flow
-$7M
Free Cash Flow
-$7M
Stock-Based Comp.
$0
Balance Sheet
Total Assets
$57M
Total Liabilities
$79M
Stockholders' Equity
-$22M
Cash & Equivalents
$25M
Year-over-Year Comparison
Metric
Current
Year Ago
Change
Revenue
$13M
$18M
-28.7%
Gross Profit
$5M
$7M
-21.0%
Operating Income
-$7M
-$20M
+67.0%
Net Income
-$8M
-$12M
+27.7%
Geographic Segments
UNITED STATES
$12M
90%
Non-US
$1M
10%
← FY 2023
All Quarters
Q3 2023 →