Why Oatly Stock Zoomed Nearly 16% Higher This Week

Core Insights - Oatly Group's stock experienced a nearly 16% increase following a positive earnings report, driven by improved bottom-line performance despite a slight decline in revenue [1][2]. Financial Performance - In the first quarter, Oatly reported revenue of $197.5 million, a decrease from over $199 million in the same period of 2024 [2]. - The company significantly narrowed its net loss to $12.5 million, or $0.03 per share, compared to a nearly $46 million loss in the first quarter of 2024 [4]. - Analysts had expected higher revenue of $202.5 million but anticipated a larger net loss of $0.05 per share [4]. Strategic Outlook - Oatly attributed its improved bottom-line results to cost efficiency measures and aims for 2025 to be its first full year of profitable growth as a public company [5]. - The company maintained its guidance for the year, projecting constant-currency revenue growth of 2% to 4% over 2024, with non-GAAP adjusted EBITDA between $5 million and $15 million, and capital expenditures of $30 million to $35 million [5].