Stock Track | ODDITY Tech Soars on Stellar Q3 Earnings, Analyst Optimism

Stock Track11-08

ODDITY Tech Ltd. (NASDAQ: ODD) saw its stock price surge by 5.15% on November 8th, 2024, following the release of its impressive third-quarter earnings report and positive analyst commentary.

The personal products company reported a 26% year-over-year increase in revenue, reaching $119 million and exceeding analyst expectations. Even more impressive was the 362% jump in net income to $17.7 million, resulting in a profit margin of 15%, up from 4.1% in the same quarter last year.

Earnings per share (EPS) of $0.31 also exceeded analyst estimates by a significant 78%, further bolstering investor confidence in the company's performance. The strong financial results were driven by higher revenue and improved operational efficiency, according to ODDITY Tech's management.

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(NASDAQ: ODD) saw its stock price surge by 5.15% on November 8th, 2024, following the release of its impressive third-quarter earnings report and positive analyst commentary.\nThe ...</p>\n\n<a href=\"\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ODD","symbol_name":"ODDITY Tech Ltd.","start_time":0,"source_url":"","article_id":"1197496834","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1197496834","pubTimestamp":1731080067,"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"ODDITY Tech Ltd.  saw its stock price surge by 5.15% on November 8th, 2024, following the release of its impressive third-quarter earnings report and positive analyst commentary.The personal products company reported a 26% year-over-year increase in revenue, reaching $119 million and exceeding analyst expectations. 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