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OTLY News and Press, Oatly Group AB From 08/02/23

Stock Information

Company Name: Oatly Group AB
Stock Symbol: OTLY
Market: NASDAQ
Website: oatly.com

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OTLY - Oatly is downgraded at JPMorgan to Neutral with growth story less clear

2023-08-02 07:02:53 ET Oatly Group AB ( NASDAQ: OTLY ) slipped in early trading on Wednesday after JPMorgan downgraded the stock to a Neutral rating from an Overweight rating. Analyst Ken Goldman and see a number of potential positives ahead for Oatly ( OTLY ), including a c...

OTLY - Oatly Stock Is Running Out of Time

2023-08-01 08:45:00 ET Plant-based alternative milk manufacturer Oatly (NASDAQ: OTLY) has had a rough go as a publicly traded company. The stock has crashed more than 94% since soon after its IPO in mid-2021. Much of the damage has been self-inflicted. Oatly's aggressive expansion p...

OTLY - Oatly falls as RBC downgrades; firm still believes in the brand

2023-07-31 12:42:53 ET Oatly Group AB ( NASDAQ: OTLY ) fell 4% on Monday after RBC Capital Markets downgraded shares. Last week, the oatmilk purveyor missed estimates when it reported Q2 earnings, driving the stock lower. OTLY reported revenue up 10.1% to $196.0M vs. the $21...

OTLY - Oatly Group: Sour Milk

2023-07-27 18:23:24 ET Summary Oatly Group AB has not lived up to its promises, having focused too much on growth over margins. Current losses are huge and cast a doubt on the future of the business. While valuations have come down a great deal, I still see no speculative appe...

OTLY - Oatly Group Ab (OTLY) Q2 2023 Earnings Call Transcript

2023-07-27 17:00:29 ET Image source: The Motley Fool. Oatly Group Ab (NASDAQ: OTLY) Q2 2023 Earnings Call Jul 27, 2023 , 8:30 a.m. ET Operator Continue reading For further details see: Oatly Group Ab (OTLY) Q2 2023 Earnings Call Transcript

OTLY - Oatly crumbles after earnings miss, disappointing guidance

2023-07-27 14:07:29 ET Oatly Group AB ( NASDAQ: OTLY ) slid in afternoon trading on Thursday after the company missed estimates with its Q2 earnings report . The company reported a revenue gain of 10.1% to $196.0M vs. $210M consensus. Excluding a foreign currency exchange he...

OTLY - Why Oatly Stock Plunged by More Than 20% on Thursday

2023-07-27 13:43:52 ET Shares of Oatly Group (NASDAQ: OTLY) were down by 21.9% as of 1:30 p.m. ET Thursday. The leading oat drink company reported 10% year-over-year revenue growth in the second quarter, and a sequential improvement in profitability. However, weakness in Asia is...

OTLY - Oatly Group AB (OTLY) Q2 2023 Earnings Call Transcript

2023-07-27 11:48:04 ET Oatly Group AB (OTLY) Q2 2023 Earnings Conference Call July 27, 2023 8:30 AM ET Company Participants Brian Kearney - Investor Relations Jean-Christophe Flatin - Chief Executive Officer Daniel Ordonez - Chief Operating Officer Christian ...

OTLY - YELL, PKX and ELBM among pre-market losers

2023-07-27 08:38:02 ET Mersana Therapeutics ( MRSN ) -74% announces topline data from UPLIFT clinical trial in patients with platinum-resistant Ovarian Cancer and strategic reprioritization. Biohaven ( BHVN ) -27% . Yellow Corporation ( YELL ) -26% . ...

OTLY - Oatly GAAP EPS of -$0.15 misses by $0.02, revenue of $196M misses by $13.68M

2023-07-27 07:33:31 ET Oatly press release ( NASDAQ: OTLY ): Q2 GAAP EPS of -$0.15 misses by $0.02 . Revenue of $196M (+10.1% Y/Y) misses by $13.68M . Gross margin in the quarter was 19.2%, an increase of 340 basis points compared to the prior year period and 180...

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