ODDITY Tech announces a $150M share buyback plan, raises Q2 2024 guidance to $0.69 EPS and $189M net revenue.
ODDITY Tech announces a $150M share buyback plan, expiring on June 30, 2027, and raises its Q2 2024 guidance. The company has a strong balance sheet with over $250M in cash and investments, zero financial debt, and an additional $100M available through an undrawn credit facility. The revised Q2 guidance includes an adjusted EPS of $0.69, up from $0.61-0.64, and a net revenue of approximately $189M, up from $185-189M.
June 07, 2024
7 Articles