Ouster, Inc. ( (OUST) ) has released its Q1 earnings. Here is a breakdown of the information Ouster, Inc. presented to its investors.
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Ouster, Inc. is a global leader in high-performance lidar sensors and intelligent software solutions, serving the automotive, industrial, robotics, and smart infrastructure sectors with advanced perception technologies.
In its latest earnings report for the first quarter of 2025, Ouster announced a revenue of $33 million, marking a 26% increase year over year. The company also reported a GAAP gross margin of 41%, a significant improvement from the previous year.
Key financial highlights include the shipment of approximately 4,700 sensors and a reduction in net loss to $22 million from $24 million in the same quarter last year. The adjusted EBITDA loss also improved to $8 million from $12 million a year earlier, reflecting better operational efficiency and cost management.
Looking ahead, Ouster expects its revenue for the second quarter of 2025 to range between $32 million and $35 million. The company remains focused on expanding its market presence and enhancing its product offerings to meet growing demand across its key verticals.
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