Oddity Tech: Q4 Earnings Snapshot

TEL AVIV, Israel (AP) — TEL AVIV, Israel (AP) — Oddity Tech Ltd. (ODD) on Tuesday reported fourth-quarter earnings of $5.1 million.

On a per-share basis, the Tel Aviv, Israel-based company said it had net income of 9 cents. Earnings, adjusted for one-time gains and costs, were 17 cents per share.

The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 12 cents per share.

The online retailer of cosmetics and beauty products posted revenue of $97.2 million in the period, also surpassing Street forecasts. Three analysts surveyed by Zacks expected $86.4 million.

For the year, the company reported profit of $58.5 million, or $1 per share. Revenue was reported as $508.7 million.

For the current quarter ending in March, Oddity Tech expects its per-share earnings to range from 47 cents to 50 cents.

The company said it expects revenue in the range of $204 million to $207 million for the fiscal first quarter.

Oddity Tech expects full-year earnings in the range of $1.49 to $1.54 per share, with revenue ranging from $620 million to $630 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ODD at https://www.zacks.com/ap/ODD