from24/7 Wall St.
2 days agoSensor Shipments Hit Record, Ouster Shares Drop 13%
Ouster shipped 7,200 sensors in Q3, the highest quarterly volume in company history. Revenue came in at $39.5M, beating the $37.81M consensus by $1.69M. The loss per share was $0.37, narrowly better than the estimated $0.38. On the surface, it's a solid quarter. The real story, though, is what the numbers reveal about demand and execution. Revenue climbed 41% year over year.
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