Ouster (OUST) Misses Q1 EPS by 3c
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Ouster Bolsters Market Position, Reports Second-Highest Revenue Quarter
May 3, 2022 4:35 PM EDT$8.6 million in revenue with 30% gross margins in Q1 2022
Reiterates FY 2022 guidance
SAN FRANCISCO--(BUSINESS WIRE)-- Ouster, Inc. (NYSE: OUST) (Ouster or the Company), a leading provider of high-resolution digital lidar sensors for the automotive, industrial, smart infrastructure, and robotics industries, today announced financial results for the three months ended March 31, 2022.
First Quarter 2022 Financial Highlights
$8.6 million in revenue, up 29% year over year. 30% gross margins, compared to 26% in the first quarter of 2021. Shipped 1,550 sensors in the first quarter, up 58% year... More