Oatly Reports Second Quarter 2021 Financial Results
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Oatly’s (OTLY) Guidance Tops Consensus, Analysts Raise PTs
August 17, 2021 7:06 AM EDTShares of Oatly Group AB (NASDAQ: OTLY) are down almost 1% despite the strong outlook presented by the Sweden-based company
Oatly reported Q1 EPS of negative $0.11, slightly worse than a loss of $0.10 per share expected. Revenue for the quarter came in at $146.2 million, versus $95.3 million reported last year.
2021 represents the most transformational year in our Companys history with the completion of our successful IPO in May, which has provided us with the capital to fuel new production... More
Oatly (OTLY) Reports Q1 Loss of $0.11/sh
August 16, 2021 7:06 AM EDTOatly (NASDAQ: OTLY) reported Q1 EPS of ($0.11), versus ($0.01) reported last year. Revenue for the quarter came in at $146.2 million, versus $95.3 million reported last year.
Outlook
For fiscal year 2021, the Company expects:
Revenue to exceed $690 million, an increase of greater than 64% compared... More