ODDITY Tech Reports Record First Quarter Results, Raises Outlook
NEW YORK, May 07, 2024 (GLOBE NEWSWIRE) — ODDITY Tech Ltd. (NASDAQ:ODD) today announced its financial results for the first quarter ended March 31, 2024.
“We delivered our most important quarter of the year with outstanding revenue growth and profitability,” said Oran Holtzman, ODDITY co-founder and CEO. “We delivered across all metrics and grew rapidly against the huge and profitable 83% revenue growth we delivered in the first quarter of 2023. Despite market speculation about an industry slowdown, we haven’t seen any slowdown in our platform, not in new users and not in existing users behavior.”