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. (OUST) delivers cutting-edge lidar sensor technology powering autonomous vehicles, robotics, and smart infrastructure systems worldwide. This dedicated news hub provides investors and industry professionals with direct access to the company's official announcements and market developments.
Track critical updates including quarterly earnings, product innovations, and strategic partnerships that shape Ouster's position in the sensor technology landscape. Our curated feed ensures timely access to verified information about lidar advancements, industrial automation applications, and global expansion initiatives.
Discover comprehensive coverage of Ouster's technical milestones across automotive safety systems, drone navigation solutions, and smart city infrastructure projects. The repository maintains neutral, factual reporting on operational developments while excluding speculative analysis.
Bookmark this page for streamlined monitoring of OUST's progress in developing high-resolution digital lidar sensors and vision software critical to next-generation automation 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.
Ouster (NYSE: OUST) has announced the launch of the Chronos chip, a custom digital lidar silicon receiver designed for the DF series of sensors aimed at mass production vehicles. This innovative chip enhances performance and efficiency, supporting levels of automation from L2 to L5. Scheduled for tapeout in late 2022 and integration into sample units in 2023, the DF series is expected to reach mass market by 2025. The Chronos chip meets stringent automotive safety standards, positioning Ouster as a leader in the lidar market.
Ouster, Inc. (NYSE: OUST) announced a strategic agreement with Third Wave Automation to deliver over 5,000 digital lidar sensors by 2025. These sensors will enhance robotic material handling vehicles, crucial for Third Wave's autonomous solutions. The partnership aims to modernize supply chain automation in the growing $2.1 billion industrial lidar market. As demand for automation rises, Ouster is positioned to capitalize on opportunities in the material handling equipment sector, projected to grow from $212 billion in 2019 to $321 billion by 2027.
Ouster, Inc. (NYSE: OUST), a provider of high-resolution digital lidar sensors, announced that CEO Angus Pacala will present at two upcoming investor conferences. The Cowen 2nd Annual Mobility Disruption Conference is scheduled for March 2, 2022, at 1:40 PM ET, and the Berenberg Industrial Technologies Conference will take place on March 3, 2022, at 11:00 AM ET. Interested parties can request one-on-one meetings through their Cowen or Berenberg sales representatives and access presentation webcasts on Ouster's investor relations website.
Ouster, Inc. (NYSE: OUST) reported Q4 2021 revenue of $11.9 million, a 53% sequential increase and 86% year-over-year growth, achieving 30% gross margins. The company shipped over 2,400 sensors, nearly tripling its shipments from the previous year. Full-year 2021 revenue reached $34 million with 27% gross margins. Ouster signed 68 Strategic Customer Agreements, representing around $500 million in potential revenue through 2025. For 2022, the company aims to double its revenue, targeting between $65 million to $85 million, while maintaining gross margins between 25% to 30%.
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