===Oddity Tech Ltd (ODD) reported earnings on Tue 5 Mar 24 (a/h)

 

ODDITY Tech Ltd. beats by $0.08, beats on revs; guides Q1 EPS above consensus, revs above consensus; guides FY24 EPS above consensus, revs above consensus

• Reports Q4 (Dec) earnings of $0.17 per share, excluding non-recurring items, $0.08 better than the FactSet Consensus of $0.09; revenues rose 44.8% year/year to $97 mln vs the $85.93 mln FactSet Consensus.
• Co issues upside guidance for Q1, sees EPS of $0.47-$0.50, excluding non-recurring items, vs. $0.43 FactSet Consensus; sees Q1 revs of $204-$207 mln vs. $199.46 mln FactSet Consensus.
• Co issues upside guidance for FY24, sees EPS of $1.49-$1.54, excluding non-recurring items, vs. $1.42 FactSet Consensus; sees FY24 revs of $620-$630 mln vs. $593.56 mln FactSet Consensus. ODDITY expects to deliver 2024 financials ahead of its long-term growth algorithm of 20%-plus revenue growth and 20%-plus adjusted EBITDA margin.