OWLT - Earnings announcements

Owlet, Inc. ("Owlet" or the "Company") (NYSE:OWLT), the pioneer of smart infant monitoring, today reports financial results for the first quarter ended March 31, 2026. Owlet's President, Chief Executive Officer, and Co-Founder, Kurt Workman, and Chief Financial Officer, Amanda Twede Crawford, will host a conference call to review the Company's results and provide a business update today, May 7, 2026, at 4:30 p.m. ET. Q1 2026 Financial Highlights: Q1 Revenue of $22.5 million, up 6.4% from Q1 2025 Record Q1 Subscription Revenue of $2.7 million Q1 Gross Margin of 54.5%, up 80 basis points from Q1 2025 despite tariff cost impacts Q1 Net Loss of $3.3 million, compared to net income

Owlet, Inc. ("Owlet" or the "Company") (NYSE:OWLT), the pioneer of smart infant monitoring, plans to announce first quarter 2026 financial results after market close on Thursday, May 7, 2026. Owlet's President, Chief Executive Officer, and Co-Founder, Kurt Workman, and Chief Financial Officer, Amanda Twede Crawford, will host a conference call at 4:30 p.m. ET the same day to discuss these results and provide a business update. Participants may access the call at 833-461-5787 (domestic) or 585-542-9983 (international) and reference Meeting ID 479023892. A simultaneous webcast may be accessed online at the Events section of Owlet's Investor Relations website at investors.owletcare.com. A re

Owlet, Inc. ("Owlet" or the "Company") (NYSE:OWLT), the pioneer of smart infant monitoring, today reports financial results for the fourth quarter and full year ended December 31, 2025. Owlet's President and Chief Executive Officer, Jonathan Harris, and Chief Financial Officer, Amanda Twede Crawford, will host a conference call to review the Company's results and provide a business update today, March 5, 2026, at 4:30 p.m. ET. Q4 2025 Financial Highlights: Q4 Revenue of $26.6 million, up 29.6% from Q4 2024 Q4 Gross Profit of $12.6 million, up $1.7 million from Q4 2024 despite tariff cost impacts; Q4 Gross Margin of 47.6% Q4 Operating Loss of $4.9 million, compared to operating lo

Owlet, Inc. ("Owlet" or the "Company") (NYSE:OWLT), the pioneer of smart infant monitoring, plans to announce fourth quarter and full year 2025 financial results after market close on Thursday, March 5, 2026. Owlet's President and Chief Executive Officer, Jonathan Harris, and Chief Financial Officer, Amanda Twede Crawford, will host a conference call at 4:30 p.m. ET the same day to discuss these results and provide a business update. Participants may access the call at 833-470-1428 (domestic) or 646-844-6383 (international) and reference Access Code 211338. A simultaneous webcast may be accessed online at the Events section of Owlet's Investor Relations website at investors.owletcare.com.

Owlet, Inc. ("Owlet" or the "Company") (NYSE:OWLT), the pioneer of smart infant monitoring, today reports financial results for the third quarter ended September 30, 2025. Owlet's Chief Executive Officer and President, Jonathan Harris, and Chief Financial Officer, Amanda Twede Crawford, will host a conference call to review the Company's results and provide a business and corporate update today, November 13, 2025, at 4:30 p.m. ET. Q3 2025 Financial Highlights: Record Q3 Revenue of $32.0 million, up 44.6% from Q3 2024 Record Q3 Gross Profit of $16.2 million; Q3 Gross Margin of 50.6%, down 150 basis points from Q3 2024 driven primarily by tariff impact Record Q3 Operating Income of

Owlet, Inc. ("Owlet" or the "Company") (NYSE:OWLT), the pioneer of smart infant monitoring, plans to announce third quarter 2025 financial results after market close on Thursday, November 13, 2025. Owlet's President and Chief Executive Officer, Jonathan Harris, and Chief Financial Officer, Amanda Twede Crawford, will host a conference call at 4:30 p.m. ET the same day to discuss these results and provide a business update. Participants may access the call at 833-470-1428 (domestic) or 646-844-6383 (international) and reference Access Code 428622. A simultaneous webcast may be accessed online at the Events section of Owlet's Investor Relations website at investors.owletcare.com. A replay w

Owlet, Inc. ("Owlet" or the "Company") (NYSE:OWLT), the pioneer of smart infant monitoring, today reports financial results for the second quarter ended June 30, 2025. Owlet's Chief Executive Officer and Co-Founder, Kurt Workman; President, Jonathan Harris; and Chief Financial Officer, Amanda Twede Crawford, will host a conference call to review the Company's results and provide a business and corporate update today, August 7, 2025, at 4:30 p.m. ET. Q2 2025 Financial Highlights Q2 Revenue of $26.1 million, up 25.9% from Q2 2024 Q2 Gross Margin of 51.3%, up 180 basis points from Q2 2024 Q2 Net Loss of $37.6 million, including a $34.8 million non-cash, mark-to-market common stock w

Owlet, Inc. ("Owlet" or the "Company") (NYSE:OWLT) plans to announce second quarter 2025 financial results after market close on Thursday, August 7, 2025. Owlet's Chief Executive Officer and Co-Founder, Kurt Workman; President, Jonathan Harris; and Chief Financial Officer, Amanda Twede Crawford, will host a conference call at 4:30 p.m. ET the same day to discuss these results and provide a business update. Participants may access the call at 833-470-1428 (domestic) or 404-975-4839 (international) and reference Access Code 579904. A simultaneous webcast may be accessed online at the Events section of Owlet's Investor Relations website at investors.owletcare.com. A replay will be available

Owlet, Inc. ("Owlet" or the "Company") (NYSE:OWLT), the pioneer of smart infant monitoring, today reports financial results for the first quarter ended March 31, 2025. Owlet's Chief Executive Officer and Co-Founder, Kurt Workman; President, Jonathan Harris; and Chief Financial Officer, Amanda Twede Crawford, will host a conference call to review the Company's results and provide a business update today, May 8, 2025, at 4:30 p.m. ET. Q1 2025 Financial Highlights: Q1 Revenue of $21.1 million, up 43.1% from Q1 2024 Q1 Gross Margin of 53.7%, up 930 basis points from Q1 2024 Q1 Net Income of $3.0 million, compared to $3.3 million in Q1 2024 Q1 Adjusted EBITDA of $0.0 million, improving

Owlet, Inc. ("Owlet" or the "Company") (NYSE:OWLT) plans to announce first quarter 2025 financial results after market close on Thursday, May 8, 2025. Owlet's Chief Executive Officer and Co-Founder, Kurt Workman; President, Jonathan Harris; and Chief Financial Officer, Amanda Twede Crawford, will host a conference call at 4:30 p.m. ET the same day to discuss these results and provide a business update. Participants may access the call at 833-470-1428 (domestic) or 404-975-4839 (international) and reference Access Code 952382. A simultaneous webcast may be accessed online at the Events section of Owlet's Investor Relations website at investors.owletcare.com. A replay will be available on th

Owlet, Inc. ("Owlet" or the "Company") (NYSE:OWLT), the pioneer of smart infant monitoring, today reports financial results for the fourth quarter and full year ended December 31, 2024. Owlet's Chief Executive Officer and Co-Founder, Kurt Workman, President and Chief Revenue Officer, Jonathan Harris, and Chief Financial Officer, Amanda Twede Crawford, will host a conference call to review the Company's results and provide a business update today, March 4, 2025, at 4:30 p.m. ET. Q4 2024 Financial Highlights Q4 Revenue of $20.5 million, compared to $21.0 million in Q4 2023. Excluding the revenue impact from the prior year Amazon distribution partner transition, which shifted $6 million of

Owlet, Inc. ("Owlet" or the "Company") (NYSE:OWLT), the pioneer of smart infant monitoring, plans to announce fourth quarter and full year 2024 financial results after market close on Tuesday, March 4, 2025. Owlet's Chief Executive Officer and Co-Founder, Kurt Workman, President and Chief Revenue Officer, Jonathan Harris, and Chief Financial Officer, Amanda Twede Crawford, will host a conference call at 4:30 p.m. ET the same day to discuss these results and provide a business update. Participants may access the call at 833-470-1428 (domestic) or 404-975-4839 (international) and reference Access Code 492081. A simultaneous webcast may be accessed online at the Events section of Owlet's Inve

Owlet, Inc. ("Owlet" or the "Company") (NYSE:OWLT), the pioneer of smart infant monitoring, today reports financial results for the third quarter ended September 30, 2024. Owlet's Chief Executive Officer and Co-Founder, Kurt Workman, President and Chief Revenue Officer, Jonathan Harris, and Chief Financial Officer, Amanda Twede Crawford, will host a conference call to review the Company's results and provide a business update today, November 13, 2024, at 4:30 p.m. ET. Q3 2024 Financial Highlights: Q3 Revenue of $22.1 million, up 141% from Q3 2023 Q3 Gross Margin of 52.2%, up 1,590 basis points from Q3 2023 Q3 Net Loss of $(5.6) million, compared to $(5.6) million in Q3 2023 Q3

Owlet, Inc. ("Owlet" or the "Company") (NYSE:OWLT), the pioneer of smart infant monitoring, plans to announce third quarter 2024 financial results after market close on Wednesday, November 13, 2024. Owlet's Chief Executive Officer and Co-Founder, Kurt Workman, President and Chief Revenue Officer, Jonathan Harris, and Chief Financial Officer, Amanda Twede Crawford, will host a conference call at 4:30 p.m. ET the same day to discuss these results and provide a business update. Participants may access the call at 833-470-1428 (domestic) or 404-975-4839 (international) and reference Access Code 626609. A simultaneous webcast may be accessed online at the Events section of Owlet's Investor Rela

Owlet, Inc. ("Owlet" or the "Company") (NYSE:OWLT), the pioneer of smart infant monitoring, today reports financial results for the second quarter ended June 30, 2024. Owlet's Chief Executive Officer and Co-Founder, Kurt Workman, President and Chief Revenue Officer, Jonathan Harris, and Chief Financial Officer, Amanda Twede Crawford, will host a conference call to review the Company's results and provide a business update today, August 12, 2024, at 4:30 p.m. ET. Q2 2024 Financial Highlights: Obtained CE Medical certification for UK and Europe, launching Dream Sock across major European markets. Q2 Revenue was approximately $20.7 million, up approximately 58% year over year. Q2 Gr

Owlet to Report Second Quarter 2024 Financial Results on August 12, 2024 Owlet, Inc. ("Owlet" or the "Company") (NYSE:OWLT), the pioneer of smart infant monitoring, today announced that Kate Scolnick, Chief Financial Officer ("CFO"), will be departing the Company to pursue other opportunities. Amanda Twede Crawford, Owlet's Vice President, Financial Planning and Analysis, will assume the role of CFO. Kate will remain at the Company in an advisory role for a transition period through September 2024. "On behalf of the Board of Directors and Owlet, I want to thank Kate for her executive leadership and significant contributions since joining our management team prior to our initial public l

Owlet, Inc. ("Owlet" or the "Company") (NYSE:OWLT), the pioneer of smart infant monitoring, today reports financial results for the first quarter ended March 31, 2024. Owlet's Chief Executive Officer and Co-Founder, Kurt Workman, President and Chief Revenue Officer, Jonathan Harris, and Chief Financial Officer, Kate Scolnick, will host a conference call to review the Company's results and provide a business update today, May 6, 2024, at 4:30 p.m. ET. Q1 2024 Financial Highlights: Q1 Revenue was approximately $14.8 million, up approximately 37% year over year. Q1 Gross Margin was approximately 44.4%, up 570 basis points year over year. Q1 Net Income was approximately $3.3 million,

Owlet, Inc. ("Owlet" or the "Company") (NYSE:OWLT), the pioneer of smart infant monitoring, will release its first quarter 2024 financial results after the market closes on May 6, 2024. Owlet will issue a copy of the earnings release via Business Wire and include a copy on Owlet's Investor Relations website at investors.owletcare.com. Owlet's Chief Executive Officer, Kurt Workman, President and Chief Revenue Officer, Jonathan Harris, and Chief Financial Officer, Kate Scolnick, will host a conference call that same day at 4:30 p.m. ET to discuss these results and provide a business update. To access the conference call by telephone, please dial (833) 470-1428 (domestic) or +1 (404) 975-483

Owlet, Inc. ("Owlet" or the "Company") (NYSE:OWLT), the pioneer of smart infant monitoring, today reported financial results for the fourth quarter and fiscal year ended December 31, 2023. Owlet's Chief Executive Officer and Co-Founder, 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, March 7, 2024, at 4:30 p.m. ET. Q4 2023 Financial Highlights Q4 Revenue was approximately $21.0 million. Q4 Gross Margin was approximately 47.1%. Q4 Net Loss was approximately $6.9 million, down 65% from $19.5 million year over year. Q4 adjusted EBITDA loss was approximately $0.7 million, dow

Owlet, Inc. ("Owlet" or the "Company") (NYSE:OWLT), the pioneer of smart infant monitoring, today announces the following preliminary unaudited results for the fourth quarter 2023. Preliminary Unaudited Q4 2023 Financial Highlights Q4 Gross Sales is expected to be approximately $32.9 million, up 114% year over year. Q4 Net Revenue is expected to be approximately $21.0 million, up 75% year over year. Q4 Gross Margin is expected to be approximately 47%, up over 1,900 basis points from 27.8% year over year. Q4 Net Loss is expected to be approximately $6.9 million, down 65% from $19.5 million year over year. Q4 adjusted EBITDA loss is expected to be approximately $0.7 million,

Owlet, Inc. ("Owlet" or the "Company") (NYSE:OWLT) today reported financial results for the third quarter ended September 30, 2023. Owlet's 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 13, 2023, at 4:30 p.m. ET. Q3 2023 Highlights and Recent Developments Achieved de novo FDA- authorization for Dream Sock® – the first and only over-the-counter, medical grade pulse oximeter classified by FDA for healthy infants and preparing for launch by December 2023. Achieved revenues of $9.2 million as the Company entered into a new arrangement to start se

Owlet, Inc. ("Owlet") (NYSE:OWLT) will release its third quarter 2023 results after the market closes on November 13, 2023. Owlet will issue a copy of the earnings release via Business Wire and include a copy on Owlet's Investor Relations website at investors.owletcare.com. Owlet's Chief Executive Officer, Kurt Workman, and Chief Financial Officer, Kate Scolnick, will host a conference call that same day at 4:30 p.m. ET to discuss these results and provide a business update. To access the conference call by telephone, please dial (833) 470-1428 (domestic) or +44 208-068-2558 (international) and reference Access Code 627533. To listen to the conference call via live audio webcast, please v

See the "Disclosure Regarding Non-GAAP Financial Measures" disclosure and the reconciliation tables that accompany this release for a discussion and reconciliation of certain non-GAAP financial measures included in this release. Owlet, Inc. ("Owlet" or the "Company") (NYSE:OWLT) today reported financial results for the second quarter ended June 30, 2023. Owlet's 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, August 14, 2023, at 4:30 p.m. ET. Recent Q2 2023 Highlights Received clearance from the U.S. Food and Drug Administration ("FDA") of BabySat™, the

Owlet, Inc. (NYSE:OWLT) will release its second quarter 2023 financial results after the market closes on August 14, 2023. Owlet will issue a copy of the earnings release via Business Wire and include a copy on Owlet's Investor Relations website at investors.owletcare.com. Owlet's Chief Executive Officer, Kurt Workman, and Chief Financial Officer, Kate Scolnick, will host a conference call that same day at 4:30 p.m. ET to discuss these results and provide a business update. To access the conference call by telephone, please dial (833) 470-1428 (domestic) or +44 20 8068 2558 (international) and reference Access Code 835042. To listen to the conference call via live audio webcast, please vi

See the "Disclosure Regarding Non-GAAP Financial Measures" disclosure and the reconciliation tables that accompany this release for a discussion and reconciliation of certain non-GAAP financial measures included in this release. Owlet, Inc. ("Owlet" or the "Company") (NYSE:OWLT) today reported financial results for the first quarter ended March 31, 2023. Owlet's Chief Executive Officer and President, 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, May 11, 2023, at 4:30 p.m. ET. Recent Q1 2023 Highlights Generated revenues of $10.7 million, as compared with $12 million in Q4 2022

Owlet, Inc. (NYSE:OWLT) will release its first quarter 2023 financial results after the market closes on May 11, 2023. Owlet will issue a copy of the earnings release via Business Wire and include a copy on Owlet's Investor Relations website at investors.owletcare.com. Owlet's President and Chief Executive Officer, Kurt Workman, and Chief Financial Officer, Kate Scolnick, will host a conference call that same day at 4:30 p.m. ET to discuss these results and provide a business update. To access the conference call by telephone, please dial (833) 470-1428 (domestic) or +1 (929) 526-1599 (international) and reference Access Code 581944. To listen to the conference call via live audio webcast

See the "Disclosure Regarding Non-GAAP Financial Measures" disclosure and the reconciliation tables that accompany this release for a discussion and reconciliation of certain non-GAAP financial measures included in this release. Owlet, Inc. ("Owlet" or the "Company") (NYSE:OWLT) today reported financial results for the fourth quarter and fiscal year ended December 31, 2022. Owlet's Chief Executive Officer and President, 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, March 15, 2023, at 4:30 p.m. ET. "We have significant conviction in Owlet's fundamentals and our vision for the future

Owlet, Inc. (NYSE:OWLT) will release its fourth quarter 2022 financial results after the market closes on March 15, 2023. Owlet will issue a copy of the earnings release via Business Wire and include a copy on Owlet's Investor Relations website at investors.owletcare.com. Owlet's President and Chief Executive Officer, Kurt Workman, and Chief Financial Officer, Kate Scolnick, will host a conference call that same day at 4:30 p.m. ET to discuss these results and provide a business update. To access the conference call by telephone, please dial (833) 470-1428 (domestic) or +1 (929) 526-1599 (international) and reference Access Code 713225. To listen to the conference call via live audio webca

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. Recent Highlights and Updates Generated revenues of approximately $17.4 million in the third quarter of 2022 Submitted a 510(k) premarket notification to the U.S. Food and Drug Administration (the "FDA") for a new prescription monitoring device for infants under the care of a physician Launched next-generation HD nursery

Owlet, Inc. (NYSE:OWLT) will release its third quarter 2022 financial results after the market closes on November 14, 2022. Owlet will issue a copy of the earnings release via Business Wire and include a copy on Owlet's Investor Relations website at investors.owletcare.com. Owlet's President and Chief Executive Officer, Kurt Workman, and Chief Financial Officer, Kate Scolnick, will host a conference call that same day at 4:30 p.m. ET to discuss these results and provide a business update. To access the conference call by telephone, please dial (844) 200-6205 (domestic) or +1 (929) 526-1599 (international) and reference Access Code 718621. To listen to the conference call via live audio web

Owlet, Inc. ("Owlet" or the "Company") (NYSE: OWLT) today reported preliminary unaudited financial results for the second quarter ended June 30, 2022. Owlet's 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, August 11, 2022 at 4:30 p.m. ET. Recent Highlights and Updates Generated revenues of $18.3 million in the second quarter of 2022 Launched next-generation HD nursery Owlet Cam 2 and Predictive Sleep Technology tool in July Plans to submit 510(k) to the U.S. Food and Drug Administration ("FDA") for a new prescription version of Owlet's Babysat monitorin

Owlet, Inc. (NYSE:OWLT) will release its second quarter 2022 results after the market closes on August 11, 2022. Owlet will issue a copy of the earnings release via Business Wire and include a copy on Owlet's Investor Relations website at investors.owletcare.com. Owlet's Chief Executive Officer, Kurt Workman, and Chief Financial Officer, Kate Scolnick, will host a conference call that same day at 4:30 p.m. ET to discuss these results and provide a business update. To access the conference call by telephone, please dial (844) 200-6205 (domestic) or +1 (929) 526-1599 (international) and reference Access Code 520137. To listen to the conference call via live audio webcast, please visit the Ev

Owlet, Inc. ("Owlet" or the "Company") (NYSE: OWLT) today reported preliminary unaudited financial results for the first quarter ended March 31, 2022. Owlet's Chief Executive Officer, Kurt Workman, and Chief Financial Officer, Kate Scolnick, will host a conference call to review the Company's results today, May 11, 2022, at 4:30 p.m. ET. Recent Highlights Generated revenues of $21.5 million in the first quarter of 2022 International revenues accounted for 13% in the first quarter of 2022, more than double the revenues from the same period in 2021 Launched the new Dream product line domestically in January 2022 in 100% of Owlet's previous retail doors by March 2022 Dream Sock™ and D

Owlet, Inc. (NYSE: OWLT) will release its first quarter 2022 results after the market closes on May 11, 2022. Owlet will issue a copy of the earnings release via Business Wire and include a copy on Owlet's Investor Relations website at investors.owletcare.com. Owlet's Chief Executive Officer, Kurt Workman, and Chief Financial Officer, Kate Scolnick, will host a conference call that same day at 4:30 p.m. ET to discuss these results and provide a business update. To access the conference call by telephone, please dial (844) 200-6205 (domestic) or +1 (929) 526-1599 (international) and reference Access Code 164978. To listen to the conference call via live audio webcast, please visit the Event

Owlet, Inc. ("Owlet" or the "Company") (NYSE: OWLT) today reported preliminary, unaudited financial results for the fourth quarter and fiscal year ended December 31, 2021. Owlet's Chief Executive Officer, Kurt Workman, and Chief Financial Officer, Kate Scolnick, will host a conference call to review the Company's results today at 5 p.m. ET. Recent Highlights Generated revenues of $75.8 million and gross profit of $35.1 million in fiscal year 2021, exceeding fiscal year 2020 Expanded product availability across Europe, with over 100% growth in international revenue from 2020 to 2021 Launched the new Dream product line domestically in January 2022, including Dream Sock and Dream Duo, w

Owlet, Inc. (NYSE: OWLT) will report its results for the fourth quarter and full year, ended December 31, 2021 after market on March 7, 2022. Owlet's Chief Executive Officer, Kurt Workman, and Chief Financial Officer, Kate Scolnick, will host a conference call to review these results and provide a business update beginning at 5:00 p.m. ET. Interested parties may access the conference call by dialing (844) 200-6205 (Domestic) or 1 (929) 526-1599 (International) and reference Access Code 796365. Participants wishing to join the call via webcast should use the link posted on the investor relations section of the Owlet website at investors.owletcare.com. A replay of the call will be available

  Owlet, Inc. ("Owlet" or the "Company") (NYSE: OWLT) today reported financial results for the third quarter ended September 30, 2021. Owlet's Chief Executive Officer, Kurt Workman, and Kate Scolnick, Chief Financial Officer, will host a conference call to review the Company's results today at 4:30 pm EDT. Third Quarter Highlights Generated record revenues of $31.5 million in the third quarter, a 48.8% increase from the third quarter of 2020, and a 26.3% sequential increase from the second quarter of 2021. Produced revenues for the first three quarters of 2021 of $78.4 million, exceeding the revenues in the full year 2020. Advanced Owlet's international commercial strategy, official

Owlet, Inc. (NYSE: OWLT) will report its results for the third quarter ended September 30, 2021 after market on Wednesday, November 10, 2021. Owlet's Chief Executive Officer, Kurt Workman, and Chief Financial Officer, Kate Scolnick, will host a conference call to review these results and provide a business update beginning at 4:30 p.m. ET. Interested parties may access the conference call by dialing 1(844) 200-6205 (Domestic) or 1(929) 526-1599 (International) and reference Access Code 771407. Participants wishing to join the call via webcast should use the link posted on the investor relations section of the Owlet website at https://investors.owletcare.com/. A replay of the call will be

Owlet, Inc. ("Owlet" or the "Company") (NYSE: OWLT) today reported financial results for the second quarter ended June 30, 2021. Recent Highlights Generated revenues of $24.9 million in the second quarter. Achieved gross margin of 54.2% in the second quarter, a 600 basis point increase compared to 48.2% gross margin for the same period in 2020. Advanced Owlet's international commercial strategy, launching in Germany, Austria, and Sweden during the second quarter. Continued to scale the business to support growth with strategic hiring across the company, accelerated sales and marketing initiatives and invested in development of the Company's connected products and services portfolio