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home / news releases / OTLY - Oatly GAAP EPS of -$0.13 in-line revenue of $195.65M beats by $7.4M

OTLY - Oatly GAAP EPS of -$0.13 in-line revenue of $195.65M beats by $7.4M

Oatly Group AB

2023-05-09 07:35:05 ET

  • Oatly press release ( NASDAQ: OTLY ): Q1 GAAP EPS of -$0.13 in-line.
  • Revenue of $195.65M (+17.7% Y/Y) beats by $7.4M .

  • The Company is reiterating its guidance for the full year ending December 31, 2023:

    • Revenue growth of 23% to 28% on a constant currency basis compared to full year 2022,
    • Gross margin to improve sequentially quarter-over-quarter in fiscal 2023, reaching the high-20%s in the fourth quarter,
    • Capital expenditures between $180 million and $200 million.

For further details see:

Oatly GAAP EPS of -$0.13 in-line, revenue of $195.65M beats by $7.4M
Stock Information
Company Name: Oatly Group AB
Stock Symbol: OTLY
Market: NASDAQ
Website: oatly.com
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