Oatly stock surged 16% after beating bottom-line expectations with improved revenue and narrowed losses.

From Yahoo Finance: 2025-05-02 17:00:00

Oatly Group (NASDAQ: OTLY) stock surged nearly 16% after reporting a bottom-line beat in its latest quarter, earning $197.5 million in revenue. The company managed to significantly narrow its net loss to $12.5 million, down from almost $46 million in the same period last year. Analysts expected higher revenue but lower profitability, forecasting $202.5 million in revenue and a $0.05 per share net loss. Oatly aims to achieve profitable growth in 2025, with revenue growth of 2-4% over 2024 and non-GAAP adjusted EBITDA of $5-15 million. Despite its recent success, some analysts remain cautious about Oatly’s long-term prospects.



Read more at Yahoo Finance: Why Oatly Stock Zoomed Nearly 16% Higher This Week