Oatly Group Sees Revenue Rise Amidst Operating Loss
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Oatly Group Sees Revenue Rise Amidst Operating Loss

Oatly Group (OTLY) has released an update.

Oatly Group AB reported its financial results for the three and nine months ended September 30, 2024, showing an increase in revenue to $208 million for the quarter, up from $187.6 million in the same period last year. Despite the revenue growth, the company faced an operating loss of $28.96 million, narrowing from $67.35 million in the previous year. This financial performance highlights both the potential and challenges the company faces in the competitive plant-based market.

For further insights into OTLY stock, check out TipRanks’ Stock Analysis page.

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