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Dec 31, 2021
Ouster Q4 2021 Earnings Report
Ouster's Q4 2021 financial results were announced, revealing a revenue increase and progress in strategic customer agreements.
Key Takeaways
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.
Revenue reached $11.9 million, up 86% year over year.
Gross margins were 30%, slightly down from 31% in Q4 2020.
Over 2,400 sensors were shipped, marking a 198% increase year over year.
Strategic Customer Agreements increased to 68, representing approximately $500 million in contracted revenue opportunity through 2025.
Revenue by Segment
Forward Guidance
Ouster aims to double revenue for the full year 2022, targeting a range of $65 million to $85 million, and expects to maintain positive gross margins, targeting a range of 25% to 30%.
Positive Outlook
- At least one OEM production program award expected this year.
- Upcoming launch of its L3 chip.
- Critical safety certifications to displace legacy sensors across its verticals.
- A more robust software ecosystem.
- Meaningful customer growth.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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