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Dec 31, 2022
Ouster Q4 2022 Earnings Report
Ouster achieved 2022 guidance and reported a decrease in revenue and gross margins compared to Q4 2021, while shipping a record number of sensors.
Key Takeaways
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.
Revenue was $11 million, down 8% year-over-year.
Gross margins were 17%, compared to 30% in Q4 2021.
Shipped a record of over 2,950 sensors for revenue, up 23% year-over-year.
Net loss increased to $42 million, compared to $28 million in Q4 2021.
Ouster
Ouster
Forward Guidance
For the first quarter 2023, Ouster expects to achieve $15 million to $17 million in revenue.