Oura, maker of the smart ring fitness tracker, has filed publicly for an initial public offering (IPO) in the United States. The filings and reporting around the move highlight strong recent sales performance and suggest continued investor interest in the company’s consumer health technology.
Across outlets, Oura’s reported growth centers on its nine months ended June 30. It reports revenue of $1.21 billion, up from $697.6 million in the comparable period a year earlier, representing 74% growth. The Wall Street Journal also notes that the company recently reaches profitability, describing it as having turned profitable.
While the outlets align on the headline figures—IPO filing and 74% revenue growth—the Wall Street Journal emphasizes operational progress toward profitability, whereas Quartz focuses more directly on the specific revenue numbers disclosed in the filing.
