Oatly GAAP EPS of -$0.99 beats by $0.09, revenue of $240M beats by $21.5M

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Oatly press release ( OTLY ): Q2 GAAP EPS of -$0.99 beats by $0.09 . Revenue of $240M (+15.2% Y/Y) beats by $21.5M . Second quarter revenue of $240.1 million, a 15.2% increase compared to the prior year period, with a constant currency revenue increase of 12.7% compared to

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Oatly (OTLY) reported Q2 GAAP EPS of -$0.99, beating expectations by $0.09, while revenue reached $240 million, up 15.2% year-over-year and exceeding market expectations. Constant currency revenue, excluding foreign exchange effects, also increased by 12.7%, demonstrating solid growth. This strong performance is evaluated as a result of steady demand for dairy alternatives and cost-efficiency efforts. Investors need to watch whether this earnings improvement trend will continue into the second half of the year.

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