Ouster Q4 2023 GAAP EPS $(0.95) Misses $(0.83) Estimate, Sales $24.444M Beat $24.063M Estimate
Portfolio Pulse from Benzinga Newsdesk
Ouster reported Q4 2023 GAAP EPS of $(0.95), missing the $(0.83) estimate, but its sales of $24.444M exceeded the $24.063M estimate, marking a 123.48% increase from the previous year.
March 26, 2024 | 8:43 pm
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Ouster's Q4 2023 earnings missed EPS estimates but beat sales forecasts, showing significant year-over-year growth.
While Ouster missed EPS estimates, which could negatively impact investor sentiment, the significant beat on sales forecasts and the impressive year-over-year growth could offset negative perceptions. The mixed results present a neutral short-term outlook as investors weigh the EPS miss against the strong sales performance.
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