U.S. stock futures were mixed this morning, with the Dow futures gaining around 0.1% on Wednesday. Shares of Ouster, Inc. OUST fell sharply in today's pre-market trading after the company reported worse-thanexpected second-quarter sales results and issued weak third-quarter revenue guidance. Ouster reported quarterly losses of 53 cents per share, which beat the analyst consensus estimate for a loss of 61 cents per share. Quarterly sales came in at $26.99 million which missed the analyst consensus estimate o ...

Ouster, Inc. (NYSE:OUST) Q2 2024 Earnings Conference Call August 13, 2024 5:00 PM ET Company Participants Chen Geng - Vice President, Strategic Finance and Treasurer Angus Pacala - Chief Executive Officer Mark Weinswig - Chief Financial Officer Conference Call Participants Kevin Cassidy - Rosenblatt Securities Kevin Garrigan - WestPark Capital Richard Shannon - Craig-Hallum Itay Michaeli - Citi Operator Hello and welcome to Ouster’s Second Quarter 2024 Earnings Conference Call. All lines have been placed on ...

August 13, 2024 Second Quarter 2024 Earnings Update OUST LISTED NYSE Second Quarter 2024 Earnings Update August 13, 2024 Disclaimers Forward-Looking Statements This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Ouster intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securitie ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _______________________ FORM 10-Q _______________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-39463 _______________________ Ouster, Inc. (Exact name of registrant as specifie ...

Exhibit 99.1 Ouster Reports Strong Revenue and Margins for Second Quarter 2024 Revenue of $27 million, GAAP gross margin of 34%, and non-GAAP gross margin of 40% Repaid all outstanding balance under revolving credit line, strengthening balance sheet On-track to deliver on long-term financial framework and reach profitability SAN FRANCISCO, CA – Ouster, Inc. (NYSE: OUST) ("Ouster" or the "Company"), a leading global provider of high-performance lidar sensors and software solutions for the automotive, industr ...

In the latest market close, Ouster, Inc. (OUST) reached $10.98, with a -1.17% movement compared to the previous day. The stock trailed the S&P 500, which registered a daily gain of 1.04%. Elsewhere, the Dow saw an upswing of 0.76%, while the tech-heavy Nasdaq appreciated by 1.03%. Coming into today, shares of the company had gained 6.11% in the past month. In that same time, the Computer and Technology sector lost 13.91%, while the S&P 500 lost 6.74%. The investment community will be closely monitoring the ...

Ouster, Inc. (OUST) ended the recent trading session at $14.04, demonstrating a -1.89% swing from the preceding day's closing price. The stock fell short of the S&P 500, which registered a loss of 0.71% for the day. Elsewhere, the Dow saw a downswing of 0.93%, while the tech-heavy Nasdaq depreciated by 0.81%. Investors will be eagerly watching for the performance of Ouster, Inc. in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on August 13, 2024. Investors should also ...

The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. Ouster, Inc. is currently sporting a Zacks Rank of #2 (Buy). To break things down more, Ouster, Inc. belongs to the Electronics - Miscellaneous Components industry, a group that includes 30 individual companies and currently sits at #186 in the Zacks Industry Rank. On average, stocks i ...

Prior to today's trading, shares of the company had lost 9.24% over the past month. This has lagged the Computer and Technology sector's gain of 6.77% and the S&P 500's gain of 3.15% in that time. OUST's full-year Zacks Consensus Estimates are calling for earnings of -$2.34 per share and revenue of $92.2 million. These results would represent year-over-year changes of +62.26% and +10.71%, respectively. Empirical research indicates that these revisions in estimates have a direct correlation with impending st ...

Shares of Southwest Airlines rose 9% on Monday and headed toward their largest single-day gain in nearly four years, after activist firm Elliott Investment Management announced a nearly $2 billion stake in the company and called to oust the airline's chief executive and board chair. Southwest shares rose to $30.25 Monday morning, on track for the company's largest single-day jump since November 2020. Savanthi Syth, an analyst for the investment bank Raymond James, said it is "unclear if a management change ...