Owlet Q2 Adj. EPS $0.20 Beats $(0.05) Estimate, Sales $33.900M Beat $31.710M Estimate

Owlet (NYSE: OWLT ) reported quarterly earnings of $0.20 per share which beat the analyst consensus estimate of $(0.05) by 500 percent. This is a 500 percent increase over losses of $(0.05) per share from the same period last year. The company reported quarterly sales of $33.900 million which beat the analyst consensus estimate of $31.710 million by 6.91 percent. This is a 29.89 percent increase over sales of $26.100 million the same period last year.