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Stock impact report

Ouster Reports Record Performance for Third Quarter 2024 [Yahoo! Finance]

Benchmark Electronics, Inc. (BHE) 
Last benchmark electronics, inc. earnings: 4/29 04:07 pm Check Earnings Report
US:NYSE Investor Relations: bench.com/investors/investor-faq
Company Research Source: Yahoo! Finance
SAN FRANCISCO, November 07, 2024 BUSINESS WIRE Ouster, Inc. (NYSE: OUST) ("Ouster" or the "Company"), a leading global provider of high-performance lidar sensors and software solutions for the automotive, industrial, robotics, and smart infrastructure industries, announced today financial results for the third quarter ended September 30, 2024. Third Quarter 2024 Highlights $28 million in revenue, up 26% year over year and 4% sequentially. Shipped over 3,900 sensors for revenue. GAAP gross margin of 38%, compared to 14% in the third quarter of 2023 and 34% in the second quarter of 2024. Non-GAAP gross margin of 45%, compared to 33% in the third quarter of 2023 and 40% in the second quarter of 2024. Net loss of $26 million, compared to $35 million in the third quarter of 2023 and $24 million in the second quarter of 2024. Adjusted EBITDA loss of $10 million, compared to $18 million in the third quarter of 2023 and $11 million in the second quarter of 2024. Repaid all ou Show less Read more
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