Brief: ODDITY Tech Expects To Report Record Q3 Results, Beating Revenue Guidance

Oddity Tech

02/10/2023 21:12

Oct 2 (Reuters) - Oddity Tech Ltd  ODD.O :
    * ODDITY TECH EXPECTS TO REPORT RECORD THIRD QUARTER
RESULTS,
BEATING REVENUE GUIDANCE
    * ODDITY TECH LTD: NOW EXPECT OUR YEAR-OVER-YEAR NET REVENUE
GROWTH FOR Q3 TO BE BETWEEN 29-31%
    * ODDITY TECH LTD: EXPECT GROSS MARGIN OF 68.5%
APPROXIMATELY 100
BASIS POINTS HIGHER THAN OUR 67.5% INITIAL GUIDANCE
    * ODDITY TECH LTD - SEES Q3 ADJUSTED EBITDA MARGIN OF
BETWEEN
21.0-21.5%, AT HIGH END OF OUR 20.0-21.5% INITIAL GUIDANCE

Source text for Eikon:  ID:nGNX6V7KxL 
Further company coverage:  ODD.O 

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