Ouster Inc Stock Price, News & Analysis

Ouster, Inc. (NYSE: OUST) reported Q2 2022 revenue of $10.3 million, a 40% increase year-over-year, with
gross margins at 27%. The company shipped 2,020 sensors, a 38% year-over-year rise. Ouster revised its FY 2022 revenue guidance to $40 million to $55 million amidst macroeconomic pressures.
Net loss decreased to $28 million, while adjusted EBITDA loss increased to $23 million. The number of Strategic Customer Agreements rose to 80, collectively representing approximately $575 million in contracted revenue through 2026.

Ouster, Inc. (NYSE: OUST) will announce its Q2 2022 financial results on August 4, 2022, after market close. A conference call is scheduled for 5:00 p.m. ET on the same day to discuss the results. Registered participants will receive call details via email and can access a live webcast, with a replay available for 30 days on Ouster's investor website. Ouster specializes in high-resolution digital lidar sensors for various industries, supporting around 600 customers across 50 countries. For more information, visit www.ouster.com.

Ouster, Inc. (NYSE: OUST), a pioneer in high-resolution digital lidar sensors, announced participation in several upcoming investor conferences. Key events include the 19th Annual Craig-Hallum Institutional Investor Conference on June 1, 2022, and the Deutsche Bank Global Auto Industry Conference on June 15, 2022, featuring a presentation from 3:50 PM to 4:25 PM ET. Ouster's sensors cater to various sectors like automotive and robotics, supporting around 600 customers globally. More details on these conferences and Ouster's offerings can be found on their investor relations website.

MOV.AI has partnered with Ouster to integrate high-resolution digital lidar sensors into its Robotics Engine Platform to enhance autonomy in autonomous mobile robots (AMRs) for intralogistics. This collaboration aims to address the increasing demands in the global warehousing market, expected to grow from $450 billion in 2021 to $605 billion by 2027, driven by the rise in e-commerce. The partnership enhances AMR capabilities in dynamic environments, leveraging advanced navigation and obstacle avoidance technologies.

Ouster, a leader in high-resolution digital lidar sensors, reported $8.6 million in revenue for Q1 2022, marking a 29% year-over-year increase. The company maintained 30% gross margins, up from 26% in Q1 2021, amidst global supply challenges. Ouster shipped 1,550 sensors, a 58% rise year-over-year, and secured 72 Strategic Customer Agreements with over $550 million in contracted revenue potential through 2026. However, the net loss widened to $32 million compared to $21 million in the previous year. The company reiterated its FY 2022 guidance of $65 million to $85 million in revenue.

Ouster, Inc. (NYSE: OUST) announced the shipment of its first DF series A-sample as part of a strategic partnership with a global automotive OEM. This milestone brings Ouster closer to series production expected in 2025. The DF A-sample boasts an 8x size reduction, enhancing performance and integration for automotive applications. Ouster plans to present the A-sample to over 30 OEMs, aiming to accelerate commercial opportunities and validate the innovative sensor design.

Ouster, Inc. (NYSE: OUST) will announce its Q4 2022 financial results on May 3, 2022, after market close, followed by a conference call at 5:00 p.m. ET. Investors can register for the event online, with a replay available for 30 days. The company specializes in high-resolution digital lidar sensors for various industries, including automotive and robotics, boasting support for approximately 600 customers across over 50 countries. Ouster's mission focuses on enhancing safety and sustainability through innovative sensor technology.

Ouster, Inc. (NYSE: OUST) announced that CEO Angus Pacala will present at the Bank of America Securities 2022 Global Automotive Summit on April 13, 2022, at 12:40 p.m. PT. Ouster specializes in high-resolution digital lidar sensors, serving various industries including automotive and robotics.

Investors interested in one-on-one meetings can contact their Bank of America sales representative. For more details, visit the Ouster investor relations page.

Ouster (NYSE: OUST) and Tacticaware, a Hexagon (Nasdaq Stockholm: HEXA B) company, announced the launch of Ouster x Accur8vision, a joint security solution targeting the multibillion physical security market. This solution integrates Ouster's 3D digital lidar technology with Hexagon's security software to enhance monitoring capabilities across diverse environments, including airports and commercial properties. The new system aims to reduce false alarms and improve security accuracy, positioning Ouster to capitalize on a market projected to reach $153 billion by 2023.