Oddity (ODD)Q2 earnings 2024 are in: revenue rose to $193 million.
Net revenue was $193 million in the second quarter ended June 30, compared to $151 million a year earlier and beating analysts’ estimates of $188 million.“Our business is firing on all cylinders. Results in the second quarter were driven by strong and profitable growth across brands, categories and products,” said Oran Holtzman, Oddity cofounder and chief executive officer.
At the same time as earnings, the company announced that Dr. Ido Bachelet will join Oddity as chief science officer to lead science at Oddity Labs in Boston. He succeeds Dr. Evan Zhao, who has decided to depart Oddity to pursue other interests. Dr. Bachelet completed his postdoctoral research in Bioengineering at MIT and in Synthetic Biology at the Wyss Institute at Harvard Medical School.
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