Owlet, Inc. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was USD 14.8 million compared to USD 10.7 million a year ago. Net income was USD 3.3 million compared to net loss of USD 11.9 million a year ago.

Basic earnings per share from continuing operations was USD 0.15 compared to basic loss per share from continuing operations of USD 1.54 a year ago. Diluted loss per share from continuing operations was USD 0.51 compared to USD 1.54 a year ago.