tiprankstipranks
ODDITY Tech Shatters Q2 Expectations, Ups Forecast
Company Announcements

ODDITY Tech Shatters Q2 Expectations, Ups Forecast

ODDITY Tech Ltd. Class A (ODD) has released an update.

Don't Miss Our Christmas Offers:

ODDITY Tech Ltd. reports a record-breaking second quarter with net revenue soaring to $193 million, a 27% jump from the previous year, and a significant increase in adjusted EBITDA and net income. The tech company, confident in its financial health and growth trajectory, has begun share buybacks and appointed Ido Bachelet as Chief Science Officer. With these strong results, ODDITY Tech is raising its full-year outlook, expecting to continue outperforming its financial targets.

For further insights into ODD stock, check out TipRanks’ Stock Analysis page.

Related Articles
TheFlyOddity initiated with a Neutral at Goldman Sachs
TheFlyOddity price target raised to $50 from $46 at Morgan Stanley
TheFlyOddity management to meet with Truist
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App