Ouster Inc (OUST) Q3 2024 Earnings Call Highlights: Record Revenue and Gross Margins Amid ... [Yahoo! Finance]
Ouster, Inc. (OUST)
Company Research
Source: Yahoo! Finance
Gross Margin (Non-GAAP): 45%, also a record high. Operating Expenses (GAAP): $38 million, down 1% year-over-year, up 11% sequentially. Cash and Equivalents: $154 million as of September 30. Sensor Shipments: Approximately 3,900 sensors shipped in the third quarter. Fourth Quarter Revenue Guidance: Expected to be between $29 million and $31 million. Warning! GuruFocus has detected 3 Warning Signs with OUST. Release Date: November 07, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript Ouster Inc ( NYSE:OUST ) reported record revenue of $28 million for the third quarter, marking the seventh consecutive quarter of meeting or exceeding revenue guidance. The company achieved a record GAAP gross margin of 38% and a non-GAAP gross margin of 45%, reflecting strong operational efficiency and favorable product mix. Ouster Inc ( NYSE:OUST ) has a strong balance sheet with $154 million in cash after repaying all outstanding
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OUST
News
- All You Need to Know About Ouster (OUST) Rating Upgrade to Buy [Yahoo! Finance]Yahoo! Finance
- Ouster, Inc. (NYSE: OUST) was upgraded by analysts at Cantor Fitzgerald from a "neutral" rating to an "overweight" rating. They now have a $10.00 price target on the stock, down previously from $12.00.MarketBeat
- Ouster, Inc. (NYSE: OUST) had its "buy" rating re-affirmed by analysts at Rosenblatt Securities. They now have a $17.00 price target on the stock.MarketBeat
- Ouster Reports Record Performance for Third Quarter 2024Business Wire
- Earnings To Watch: Ouster Inc (OUST) Reports Q3 2024 Result [Yahoo! Finance]Yahoo! Finance
OUST
Sec Filings
- 11/22/24 - Form 4
- 11/21/24 - Form 144
- 11/20/24 - Form 144
- OUST's page on the SEC website