Ouster, Inc. reports results for the quarter ended June 30 - Earnings Summary
Ouster, Inc. reports results for the quarter ended June 30 - Earnings Summary
Ouster, Inc. OUST.OQ reported a quarterly adjusted loss of 27 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -38 cents. The mean expectation of seven analysts for the quarter was for a loss of 27 cents per share. Wall Street expected results to range from -28 cents to -26 cents per share.
Revenue rose 55.9% to $54.63 million from a year ago; analysts expected $50.88 million.
Ouster, Inc.'s reported EPS for the quarter was a loss of 27 cents.
The company reported a quarterly loss of $18.11 million.
Ouster, Inc. shares had fallen by 27.8% this quarter and gained 108.5% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts was unchanged in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the electronic equipment & parts peer group is also "buy"
Wall Street's median 12-month price target for Ouster, Inc. is $55.00, about 18% above its last closing price of $45.12
This summary was machine generated from LSEG data August 6 at 10:40 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | -0.27 | -0.27 | Met |
Mar. 31 2026 | -0.28 | -0.28 | Met |
Dec. 31 2025 | -0.35 | 0.06 | Beat |
Sep. 30 2025 | -0.37 | -0.37 | Met |
Recent news on Ouster
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Ouster, Inc. reports results for the quarter ended June 30 - Earnings Summary
Ouster Q2 loss narrows as revenue rises on strong demand
Brief: Ouster Q2 Operating Income USD -20.045 Million