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Ouster Stock Falls On Q1 Earnings: What You Need To Know
Benzinga· 2026-05-06 05:27
Ouster shares are retreating from recent levels. Why are OUST shares down?Ouster Beats Q1 EstimatesOuster reported first-quarter revenue of $48.58 million, beating analyst estimates of $46.27 million, according to Benzinga Pro. The company reported a first-quarter loss of 28 cents per share, in line with estimates.Total revenue increased 49% year-over-year as product revenue increased 55% to $48 million. The company reported total shipments of 12,600 lidar (light detection and ranging) and camera sensors du ...