Ouster, Inc. (OUST) Reports Q1 Loss, Tops Revenue Estimates

Financial Performance - Ouster, Inc. reported a quarterly loss of $0.42 per share, better than the Zacks Consensus Estimate of a loss of $0.56, and an improvement from a loss of $0.55 per share a year ago, representing an earnings surprise of 25% [1] - The company posted revenues of $32.63 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 4.76%, and showing an increase from year-ago revenues of $25.94 million [2] - Over the last four quarters, Ouster has surpassed consensus EPS estimates just once and topped consensus revenue estimates two times [2] Stock Performance - Ouster shares have declined approximately 32.4% since the beginning of the year, compared to a decline of 4.3% for the S&P 500 [3] - The current consensus EPS estimate for the upcoming quarter is -$0.54 on revenues of $33.7 million, and for the current fiscal year, it is -$1.98 on revenues of $142.45 million [7] Industry Outlook - The Electronics - Miscellaneous Components industry, to which Ouster belongs, is currently ranked in the top 29% of over 250 Zacks industries, indicating a favorable outlook [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact Ouster's stock performance [5]