Oura files for IPO after reporting $1.2 billion in earnings
read at STAT ↗DealPositive
Oura, the maker of popular health tracking rings, announced it will go public through an initial public offering.
The company disclosed that it generated $1.2 billion in earnings during its most recent fiscal year, indicating strong financial performance.
The filing comes as the broader health tech sector sees increased investor interest, while regulatory bodies such as the FDA continue to see turnover among digital health leaders.
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This writeup was produced by pharmadog from original reporting by STAT.
Original headline: “STAT+: Oura files to goes public, reported $1.2B in earnings”
read at STAT ↗406 words · retrieved Sep 8
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