Welcome to our dedicated page for Ouster news (Ticker: OUST), a resource for investors and traders seeking the latest updates and insights on Ouster stock.
Ouster, Inc. (Nasdaq: OUST) is described by the company as a global leader in high-performance lidar sensors and intelligent software solutions that bring Physical AI to life across the automotive, industrial, robotics, and smart infrastructure sectors. The OUST news feed on Stock Titan aggregates company press releases and other coverage so readers can follow how Ouster’s technology and business are evolving over time.
According to its announcements, Ouster regularly reports quarterly financial results, including revenue trends, gross margins, sensor shipment volumes, and non-GAAP metrics such as Non-GAAP Gross Margin and Adjusted EBITDA. These earnings updates often highlight demand across verticals like smart infrastructure, industrial automation, logistics, robotics, and automotive applications such as robotaxis.
Ouster’s news also features product and deployment updates, particularly around its Ouster BlueCity traffic management solution and its AI software platform Ouster Gemini. The company has reported large-scale traffic deployments, such as the anticipated expansion of BlueCity to over one hundred intersections in Utah through a contract involving Econolite and the Utah Department of Transportation, as well as partnerships that integrate its lidar and software into broader security and operational platforms.
In addition, Ouster publishes corporate and governance announcements, including board appointments and the results of its Annual Meeting of Stockholders, and it frequently discloses participation in investor conferences hosted by financial institutions. Investors and analysts can use the OUST news page to review these updates in one place, track recurring themes in Ouster’s communications, and monitor how the company presents its progress in Physical AI, lidar technology, and its target markets.
Ouster, Inc. (NYSE: OUST) has launched a new 3D industrial lidar sensor suite, tailored for high-volume material handling applications. The OS0 and OS1 sensors cater to forklift, port equipment, and autonomous mobile robot manufacturers, offering competitive pricing and advanced capabilities. This suite boasts industry-leading reliability, high resolution, a range of up to 100 meters, and an ultra-wide field of view. Ouster aims to capture a significant portion of the $1 billion industrial lidar market, promoting the transition from traditional 2D lidar to their innovative 3D solutions.
Ouster, Inc. (NYSE: OUST) showcased its OS1-128 lidar sensors at industry events in September 2022, aiming to demonstrate their innovative digital lidar technology. The company is presenting at several key tradeshows, including IVT Expo USA and WAIC 2022, to highlight the versatility and performance of its sensors across various applications. Ouster's digital lidar architecture allows for enhanced reliability and cost-effectiveness, as it is powered by a custom silicon CMOS chip. The company aims to support a wide range of industries, including automotive and robotics, with its scalable manufacturing operations.
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.
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