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The third quarter also marked incredible progress on our regulatory goals, as we submitted a 510(k) to the FDA for a prescription-only Sock monitor for babies under the care of a physician,” said Kurt Workman, Owlet Chief Executive Officer and Co-Founder. “Additionally, we look forward to submitting a second filing in the coming weeks for a software-as a medical device, which would add opportunistic notifications to the existing Dream Sock functionality. Other positive trends we’re seeing include sell-through growing, efficiently reducing our costs and making progress toward our goal of break even. These are especially important as we navigate uncertain economic times. Despite that, we remain optimistic about the long-term opportunity to build regulatory leadership in our category. I am proud of the team’s efforts to regain our market position and deliver best-in-class solutions to better empower parents at home

Owlet Announces Third Quarter 2022 Financial Results

Owlet, Inc. ("Owlet" or the "Company") ( NYSE: OWLT) today reported financial results for the third quarter ended September 30, 2022. Owlet’s President and Chief Executive Officer, Kurt Workman, and Chief Financial Officer, Kate Scolnick, will host a conference call to review the Company’s results and provide a business update today, November 14, 2022 at 4:30 p.m. ET

By AP News
Published - Nov 14, 2022, 04:12 PM ET
Last Updated - Apr 25, 2024, 12:45 PM EDT

LEHI, Utah--(BUSINESS WIRE)--Nov 14, 2022--

Owlet, Inc. ("Owlet" or the "Company") ( NYSE: OWLT) today reported financial results for the third quarter ended September 30, 2022. Owlet’s President and Chief Executive Officer, Kurt Workman, and Chief Financial Officer, Kate Scolnick, will host a conference call to review the Company’s results and provide a business update today, November 14, 2022 at 4:30 p.m. ET.

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