Streetbeat News

OUST

Ouster, Inc.

https://www.ouster.com

Industry

Hardware, Equipment & Parts

Ouster, Inc. designs and manufactures high-resolution digital lidar sensors and enabling software that offers 3D vision to machinery, vehicles, robots, and fixed infrastructure assets. Its product portfolio includes OS, a scanning sensor and DF, a true solid-state flash sensor. The company is based in San Francisco, California.

Open

8.87

Mkt cap

462M

Volume

High

9.56

P/E Ratio

-3.98

52-wk high

16.88

Low

8.85

Div yield

N/A

52-wk low

4.65

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.

Portfolio Pulse from Benzinga Newsdesk

March 26, 2024 | 8:43 pm

Ouster projects its Q1 2024 revenue to be between $25 million and $26 million, aligning closely with the estimated $25.01 million.

Portfolio Pulse from Happy Mohamed

March 26, 2024 | 8:29 pm

Ouster (NYSE:OUST) reported Q4 earnings with a per-share loss of $(0.95), missing the $(0.83) estimate, but sales of $24.44M exceeded the $24.06M forecast. This represents a significant improvement over the previous year's results.

Portfolio Pulse from Happy Mohamed

March 26, 2024 | 8:27 pm

Numerous companies are scheduled to report their earnings on March 26, 2024, with a mix of projected profits and losses across various sectors. Notable mentions include bluebird bio with an expected quarterly loss, Elbit Systems projecting earnings, and GameStop anticipated to report earnings. Other companies like McCormick & Co and TD Synnex are also expected to report significant earnings, while firms like AEye and Ouster are projected to report losses.

Portfolio Pulse from Benzinga Insights

March 26, 2024 | 8:47 am

Ouster, a provider of high-resolution digital lidar sensors, anticipates its Q4 revenue to meet or exceed the midpoint of its previously issued guidance range of $23 million to $25 million.

Portfolio Pulse from Benzinga Newsdesk

January 09, 2024 | 1:01 pm

Ouster, Inc. (NYSE:OUST) shares have been trending higher since November, with significant gains following their Q3 earnings report, which surpassed top and bottom line estimates. The company provided Q4 revenue guidance between $23 million and $25 million, compared to the $25.63 million estimate. Recently, Ouster achieved ISO 27001 InfoSec certification, demonstrating a commitment to high standards of data security, which led to a stock increase of over 25% after the announcement. OUST shares closed up 13.5% at $8.20.

Portfolio Pulse from Ryan Gustafson

December 27, 2023 | 1:27 am

Ouster, Inc. (NYSE:OUST), a leading provider of high-performance lidar sensors, has achieved ISO/IEC 27001:2022 certification, demonstrating its commitment to information security. The certification requires systematic risk examination, implementation of security controls, and a management approach to maintain high information security standards. Ouster's Information Security Management System includes its lidar system, firmware, SDK, and Ouster Studio digital lidar visualizer, managing 123 controls across 28 domains.

Portfolio Pulse from Benzinga Newsdesk

December 20, 2023 | 1:09 pm

Hesai Technology (NASDAQ:HSAI) has responded to allegations by the House of Representatives Select Committee on the Chinese Communist Party, denying claims about its lidar technology. Hesai asserts that its lidars do not store or wirelessly transmit data, as confirmed by TÜV Rheinland and Dekra. The company has ISO/SAE 21434 certification and passed TISAX assessments. Hesai lidars, which cannot capture biometric data, are not designed for military use and are EAR99 classified. Hesai also won an ITC case against Ouster (NYSE:OUST), proving it did not infringe on Ouster's IP. Hesai is a publicly traded company that operates independently of the Chinese government and has not received government equity investments or intervention.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 7:00 pm

Wynn Resorts, Limited (NASDAQ:WYNN) shares dropped by 8.1% despite reporting higher than expected third-quarter revenue and earnings per share. The company's revenue was $1.67 billion, surpassing the consensus estimate of $1.585 billion, and adjusted EPS was 99 cents, beating the estimate of 75 cents. The article also lists other stocks that moved in the mid-day session, with various companies experiencing significant gains or losses after reporting their financial results, guidance updates, or other corporate actions.

Portfolio Pulse from Lisa Levin

November 10, 2023 | 6:34 pm

In Friday's intraday session, several IT stocks experienced significant movements. Bit Origin (BTOG) saw a 31.7% increase, while Synchronoss Technologies (SNCR) rose 26.07%, both on high trading volumes. Telos (TLS), Ouster (OUST), Smith Micro Software (SMSI), and Ondas Holdings (ONDS) also gained. Conversely, Airgain (AIRG) dropped 37.1%, Peraso (PRSO) fell 31.91%, and other stocks like MicroCloud Hologram (HOLO), WiSA Technologies (WISA), Vuzix (VUZI), and Upland Software (UPLD) saw declines. Most companies had recently reported Q3 earnings, influencing their stock movements.

Portfolio Pulse from Benzinga Insights

November 10, 2023 | 5:31 pm

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