These Analysts Cut Their Forecasts On Ouster Following Q2 Results
OUSTOuster(OUST) Benzinga·2024-08-15 02:54

Ouster Inc. OUST reported weaker-than-expected sales for its second quarter on Tuesday. Ouster reported quarterly losses of 53 cents per share, which beat the analyst consensus estimate of 61 cents by 13.11%. Quarterly sales came in at $26.99 million which missed the analyst consensus estimate of $27.03 million. "Our second quarter results showcase solid execution with GAAP gross margin increasing to 34%. Consistent with Ouster's strategy of expanding into software solutions, we had one of our best quarters ...