Ouster (OUST) Misses Q2 EPS by 11c

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Ouster Reports Second Quarter 2021 Financial Results

August 9, 2021 4:05 PM EDT

$7.4 million in revenue, up 72% year over year, and 26% gross margins
Record shipments of over 1,460 sensors

SAN FRANCISCO--(BUSINESS WIRE)-- Ouster, Inc. (NYSE: OUST) (Ouster or the Company), a leading provider of high-resolution digital lidar sensors for the industrial, smart infrastructure, robotics, and automotive industries, today announced financial results for the three months ended June 30, 2021.

Second Quarter 2021 Financial Highlights

$7.4 million in revenue, up 72% year over year, and up 11% from first quarter 2021. 26% gross margins, up from 9% in second quarter 2020 and consistent... More