Ouster (OUST) Reports Q2, Increases Cost Savings Target

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Ouster Achieves Q2 2023 Revenue Guidance; Increases Cost Savings Target

August 10, 2023 4:15 PM EDT

Over $19 million in revenue and $43 million in bookings in the second quarter 2023

Now targeting annualized cost savings of over $110 million exiting the fourth quarter 2023

SAN FRANCISCO--(BUSINESS WIRE)-- Ouster, Inc. (NYSE: OUST) (Ouster or the Company), a leading provider of high-performance lidar sensors for the automotive, industrial, robotics, and smart infrastructure industries, announced today financial... More