Ouster Q3 2023 EPS $(0.89) Beats $(1.16) Estimate, Sales $22.21M Beat $21.17M Estimate
Portfolio Pulse from totan@benzinga.com
Ouster (NYSE:OUST) reported Q3 2023 earnings per share (EPS) of $(0.89), beating the analyst consensus estimate of $(1.16) by 23.28%. This is a 55.5% increase over losses from the same period last year. The company also reported quarterly sales of $22.21 million, beating the analyst consensus estimate of $21.17 million by 4.91%. This is a 98.29% increase over sales from the same period last year.
November 09, 2023 | 9:33 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Ouster's Q3 2023 earnings and sales beat analyst estimates, indicating a positive financial performance. This could potentially lead to a positive impact on the company's stock price.
Ouster's Q3 2023 earnings and sales exceeded analyst estimates, which is typically a positive signal for investors. This could lead to increased investor confidence and potentially a rise in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100