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Owlet reports Q3 adjusted EPS 3c, consensus (20c)

Reports Q3 revenue $32M, consensus $26.82M. “Q3 was another outstanding quarter, we believe the best in Owlet (OWLT) history,” said Jonathan Harris, Owlet’s President and CEO. “Owlet set quarterly records for revenue, gross profit, operating income, and adjusted EBITDA, reflecting the momentum of the business as we leverage the first and only FDA-cleared baby monitor currently on the market and the differentiated Dream product platform to expand our market leadership.”

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