Oddity seesFY24 EPS $1.57-$1.62, consensus $1.51
The Fly

Oddity seesFY24 EPS $1.57-$1.62, consensus $1.51

ODDITY expects to deliver 2024 financials ahead of its long-term growth algorithm of 20%-plus revenue growth and 20%-plus adjusted EBITDA margin. ODDITY’s 2024 outlook incorporates accelerated investments in future growth initiatives, which are expected to have a disproportionate negative impact on adjusted EBITDA margin in the second half of 2024. ODDITY is revising its guidance for the full year ending December 31 :Net revenue between $626 M and $635 M, consensus , representing year-over-year growth between 23% and 25%. Gross margins of approximately 71.0%. Adjusted EBITDA between $139 Mand $143M. Adjusted diluted EPS between $1.57 and $1.62. This assumes a tax rate of approximately 25.0% and average fully diluted shares of approximately 64.0 million. FY24 revenue consensus is $627.08M.

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