Owlet, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024
May 06, 2024 at 04:05 pm
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Owlet, Inc. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was USD 14.8 million compared to USD 10.7 million a year ago. Net income was USD 3.3 million compared to net loss of USD 11.9 million a year ago.
Owlet, Inc. operates as a digital parenting platform company. The Company's platform focuses on giving real-time data and insights to parents. Its products include Owlet Dream Sock, an app to assist children with better sleep; Owlet Cam, a video streaming app to hear and see the baby from anywhere, and Owlet Monitor Duo. The Company offers sock monitor offerings, which include Smart Sock and Dream Sock and Dream Sock Plus. Its Cam offerings include Cam 1 and Cam 2. Its Monitor Duo and Dream Duo offer Sock Monitor offerings paired with the Owlet Cam offerings, combining the intelligence of its Sock Monitor offerings with high-definition video, offering parents the most complete picture of their babyâs sleep. Its accessories product line includes the Owlet Sleeper, a wearable rayon blanket that encourages safe sleep, best for babies ages three-six months old, and an Owlet Sock Travel Case.
OWLET, INC. 
