Ouster Earnings Reports

Ouster achieved $30.09 million in revenue for Q4 2024, marking a 23% year-over-year increase. The company shipped over 4,800 sensors and reported a GAAP gross margin of 44%, significantly higher than the prior year. Net loss narrowed to $23.74 million, driven by higher revenue, favorable product mix, and lower legacy inventory costs.

Ouster achieved record performance in Q3 2024, with revenue reaching $28 million, a GAAP gross margin of 38%, and a non-GAAP gross margin of 45%. The company focused on expanding its software installed base and achieved its highest level of software-attached sales to date.

Ouster reported revenue of $27 million, a GAAP gross margin of 34%, and a non-GAAP gross margin of 40% for Q2 2024. The company also repaid all outstanding balances under its revolving credit line.

Ouster reported a record revenue of $26 million, up 51% year-over-year, and a record non-GAAP gross margin of 36% for Q1 2024. The company's net loss was $24 million, an improvement compared to the previous year. Revenue growth was driven by large orders from customers in the robotics and automotive verticals.

Ouster announced record revenue for the fourth quarter of 2023, reaching over $24 million, a 10% sequential increase. The company shipped over 4,100 sensors, also a quarterly record. GAAP gross margins were 22%, and non-GAAP gross margins improved to 35%. The company's net loss was $39 million, and the adjusted EBITDA loss was $14 million.

Ouster reported revenue of over $22 million and bookings of $38 million in Q3 2023. The company achieved over $120 million in annualized cost savings and announced targets for revenue growth, expanding gross margins, and additional cost management.

Ouster reported over $19 million in revenue and $43 million in bookings for Q2 2023. The company is now targeting annualized cost savings of over $110 million exiting Q4 2023.

Ouster reported a strong first quarter of 2023, exceeding revenue expectations with over $17 million in revenue, a 101% increase year-over-year, and booked $33 million in business. The company also shipped REV7 sensors to over 110 customers and is targeting annualized merger cost synergies of between $80 and $85 million.

Ouster, Inc. reported Q4 2022 revenue of $11 million, a decrease of 8% year-over-year. Gross margins were 17%, compared to 30% in Q4 2021. The company shipped a record of over 2,950 sensors, up 23% year-over-year. Net loss increased to $42 million, compared to $28 million in Q4 2021. Adjusted EBITDA loss decreased to $23 million, compared to a loss of $24 million in Q4 2021.

Ouster reported $11.2 million in revenue for Q3 2022, a 44% increase year-over-year, with gross margins of 33%. The company sold 2,136 sensors, up 31% year-over-year, and increased Strategic Customer Agreements to 84. However, the net loss increased to $36 million and the adjusted EBITDA loss was $24 million.

Ouster reported a 40% year-over-year revenue increase, reaching $10.3 million, driven by growth in the industrial and robotics sectors. The company's gross margins were 27%. They revised their FY 2022 revenue guidance to $40 to $55 million.

Ouster, Inc. announced financial results for Q1 2022, reporting $8.6 million in revenue, a 29% increase year-over-year, and a gross margin of 30%. The company shipped 1,550 sensors and increased the number of Strategic Customer Agreements to 72. Net loss increased to $32 million, and adjusted EBITDA loss increased to $23 million.

Ouster, Inc. reported Q4 2021 revenue of $11.9 million, up 86% year over year, with a gross margin of 30%. The company shipped over 2,400 sensors, a 198% increase year over year, and increased the number of Strategic Customer Agreements to 68. The net loss decreased to $28 million, while the adjusted EBITDA loss increased to $24 million.

Ouster reported a revenue of $7.8 million, a 31% increase year-over-year, and a gross margin of 24%, up from 18% year over year. The company shipped over 1,630 sensors, a 127% increase year over year. Net loss decreased to $13 million, compared to $20 million in third quarter 2020.