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Ouster(OUST) - 2024 Q4 - Earnings Call Presentation

Financial Performance - Ouster generated Q4 2024 revenue of $30 million[7], up 23% compared to Q4 2023[22] - The company achieved a GAAP gross margin of 44% in Q4 2024[7, 22], up from 22% in Q4 2023[22] - Non-GAAP gross margin was also 44% in Q4 2024[7, 22], compared to 35% in Q4 2023[22] - Ouster ended 2024 with $175 million in cash and equivalents and zero debt[7] - For FY 2024, Ouster's revenue was $111 million[26], a 33% increase year-over-year[26] - GAAP gross margin for FY 2024 was 36%[26], up from 10% in FY 2023[26] - Ouster shipped over 4,800 sensors in Q4 2024[23, 24], a 15% increase compared to Q4 2023[24] - In FY 2024, Ouster shipped over 17,300 sensors[26], a 27% increase year-over-year[26] Strategic Priorities - Ouster aims to scale the software-attached business, targeting the $19 billion smart infrastructure opportunity[11, 15] - The company plans to transform its product portfolio with new hardware and software innovations[12, 17] - Ouster is focused on executing towards profitability by achieving 30-50% annual revenue growth and maintaining gross margins at 35-40%[13, 19]