ODDITY is providing the following guidance for the fourth quarter ending December 31, 2023:
- Net revenue between $82 million and $85 million, representing year-over-year growth between 22-26 %.
- Gross margin of approximately 66.0%.
- Adjusted EBITDA between $13 and $14 million, representing Adjusted EBITDA margin of between 15.5-16.5%.
- Adjusted Diluted EPS between $0.10 and $0.12. This assumes a tax rate of approximately 35% and average fully diluted shares of approximately 63 million.
- Stock-based compensation expense is expected to be approximately $8 million in the fourth quarter of 2023.
| Current 4Q 2023 Outlook | |
| Net Revenue | $82-85 million |
| Gross Margin | 66.00% |
| Adjusted EBITDA | $13-14 million |
| Adjusted Diluted EPS | $0.10-0.12 |
