Oatly (OTLY) Reports Q1 Loss of $0.11/sh

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Go back to Oatly (OTLY) Reports Q1 Loss of $0.11/sh

Oatly’s (OTLY) Guidance Tops Consensus, Analysts Raise PTs

August 17, 2021 7:06 AM EDT

Shares 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