On or around July 19, 2023, Oddity conducted its initial public offering ("IPO"), issuing over 12 million of its Class A ordinary shares to the public at the offering price of $35.00 per share for approximate proceeds, after applicable underwriting discounts and commissions, and before expenses, of $57.26 million to the Company and $337.83 million to certain selling shareholders, including, inter alia, the Company's Chief Executive Officer and Chief Financial Officer. Leading up to and following Oddity's IP ...

NEW YORK, July 17, 2024 /PRNewswire/ -- ODDITY Tech Ltd. ("ODDITY") (NASDAQ: ODD), the consumer tech platform behind IL MAKIAGE and SpoiledChild that is built to transform the global beauty and wellness market, today announced that it will release its second quarter 2024 financial results after the market close on Wednesday, August 7, 2024, to be followed by a conference call on Thursday, August 8, 2024, at 8:30 a.m. Eastern Time. To participate in the conference call, please dial 1-800-343-5172 (US) or 1-2 ...

NEW YORK, July 16, 2024 (GLOBE NEWSWIRE) -- ODDITY Tech Ltd. (the "Company") announced the appointment today of Yehoshua (Shuki) Nir as an independent Director of the Company and member of the Audit Committee, effective immediately. Oran Holtzman, co-founder and CEO of ODDITY said, "We are delighted to welcome Shuki as the newest member of ODDITY's board. His broad experience both as director and executive will be an invaluable asset to our board. I know Shuki shares my vision for ODDITY as a market leader ...

LOS ANGELES, July 15, 2024 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Investors Oddity Tech Ltd. (ODD) investors that the firm has initiated an investigation into possible securities fraud and may file a class action on behalf of investors. Investors Oddity Tech Ltd. (ODD) investors that lost money on their investment are encouraged to contact Lesley Portnoy, Esq. On May 21, 2024, NINGI Research published a report alleging, among other things, that Oddity has "misrepresented itself as an 'online-only' ...

The average comprises seven short-term price targets ranging from a low of $42 to a high of $66, with a standard deviation of $8.87. While the lowest estimate indicates an increase of 6.5% from the current price level, the most optimistic estimate points to a 67.4% upside. More than the range, one should note the standard deviation here, as it helps understand the variability of the estimates. The smaller the standard deviation, the greater the agreement among analysts. However, an impressive consensus pric ...

Oddity Tech (ODD) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, ODD broke through the 20-day moving average, which suggests a short-term bullish trend. A well-liked tool among traders, the 20-day simple moving average offers a look back at a stock's price over a 20-day period. This is very beneficial to short-term traders, as it smooths out short-term price trends and gives more trend reversal signals than longer-term moving averages. The ...

Oddity Tech (ODD) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, ODD broke through the 200-day moving average, which suggests a long-term bullish trend. The 200-day simple moving average is widely-used by traders and analysts, and helps establish market trends for stocks, commodities, indexes, and other financial instruments over the long term. The indicator moves higher or lower together with longer-term price moves, serving as a support ...

Management reports that the business is doing better than expected and now it's rewarding shareholders. Shares of technology-enhanced cosmetics platform Oddity Tech (ODD 21.27%) soared on Friday after the company raised its guidance for the second quarter of 2024 and announced a stock buyback program. As of 2:40 p.m. ET, Oddity Tech stock was up a whopping 22%. Here's why investors are cheering I'm not trying to be sound alarmist, but the timing of this announcement from Oddity Tech is noteworthy. Just week ...

Net revenue of approximately $189 million, representing year-over-year growth of 25%. Gross margin of approximately 71.0%. Adjusted EBITDA of approximately $60 million. Adjusted diluted EPS approximately $0.69. Non-GAAP Financial Measures ODDITY defines "Adjusted EBITDA" as net income before financial expenses (income), net, taxes on income, and depreciation and amortization as further adjusted to exclude share-based compensation expense and nonrecurring items. ODDITY believes Adjusted EBITDA is useful for ...

The financial outlook figures presented above are forward-looking statements that are subject to a variety of assumptions and estimates. Actual results may differ materially from ODDITY's financial outlook as a result of, among other things, the factors described under "Forward-Looking Statements" below. Non-GAAP Financial Measures In addition to the GAAP financial measures set forth in this press release, ODDITY has included the following non-GAAP financial measures: Adjusted EBITDA and Adjusted diluted EP ...