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Sep 30, 2021
Ouster Q3 2021 Earnings Report
Reported third quarter 2021 financial results with revenue up 31% year over year and gross margins of 24%.
Key Takeaways
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.
Revenue was $7.8 million, up 31% year over year.
Gross margins were 24%, up from 18% year over year.
Shipped over 1,630 sensors, up 127% year over year.
Net loss decreased to $13 million, compared to $20 million in third quarter 2020.
Forward Guidance
Ouster reiterates its FY 2021 guidance of $33 million to $35 million of revenue and 25% to 27% gross margins.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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