Core Insights - Ouster reported a smaller-than-expected loss and record sensor shipments, leading to a 10.7% increase in stock price after earnings announcement [2][3] - The company shipped 7,200 sensors in Q3, achieving a revenue of $39.5 million, which exceeded the consensus estimate of $37.81 million by $1.69 million [3][7] - Year-over-year revenue growth was 41%, driven by demand in smart infrastructure, robotics, and industrial segments [4][7] Financial Performance - Gross margin improved to 42%, up from 38% a year earlier, indicating progress in cost structure [4][7] - However, gross margin decreased from 45% in the previous quarter to 42%, raising concerns about pricing power and product mix [5][7] - The net loss improved by $4 million year over year to $21.7 million, reflecting better operational discipline [4] Future Guidance - For Q4, Ouster provided revenue guidance of $39.5 million to $42.5 million, indicating flat to a modest 7.6% sequential growth [6][7] - The narrow guidance range suggests management's confidence in visibility but is conservative compared to the current quarter's 41% growth rate [6]