Oddity Tech Ltd (ODD) delivered a solid earnings performance Wednesday that sent shares soaring more than 22% after the bell. The consumer tech company behind beauty brands IL MAKIAGE and SpoiledChild crushed third-quarter expectations and raised its outlook for the full year.
The Quarter in Numbers: Oddity reported Q3 revenue of $147.9 million, topping analyst estimates of $145.44 million. Adjusted earnings came in at 40 cents per share, beating the 35-cent consensus. Revenue climbed 24% year-over-year, powered by double-digit online growth at both of its major brands.
The company closed the quarter sitting on $793 million in cash, cash equivalents, and investments—a comfortable cushion for future growth initiatives.
"We are well-positioned for a strong finish in 2025 with multiple engines to drive future growth, and we continue to invest in new brands, ODDITY Labs, and tech innovation," said Oran Holtzman, co-founder and CEO of Oddity.
Looking Ahead: For Q4, Oddity expects revenue between $149 million and $152 million, slightly above the $148.73 million analyst consensus. However, adjusted earnings guidance of 11 to 13 cents per share came in below the 14-cent estimate.
More notably, the company raised its full-year 2025 outlook. Revenue is now projected at $806 million to $809 million versus the $803.52 million consensus, while adjusted earnings guidance bumped up to $2.10 to $2.12 per share compared to estimates of $2.09.
Market Reaction: ODD shares jumped 22.44% to $45.50 in after-hours trading Wednesday.