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 26.99million whichmissedtheanalystconsensusestimateof 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 f ...