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Market Impact: 0.32

Ouster, Inc. (OUST) Reports Q1 Loss, Tops Revenue Estimates

OUST
Corporate EarningsAnalyst EstimatesCompany Fundamentals

Ouster reported a quarterly loss of $0.25 per share, beating the Zacks Consensus Estimate for a $0.31 loss by $0.06 per share. The loss also narrowed from $0.42 per share a year ago, indicating year-over-year improvement in profitability trends. The article is limited to EPS results, but the earnings beat and smaller loss are modestly supportive for the stock.

Analysis

Ouster reported a quarterly loss of $0.25 per share, beating the Zacks Consensus Estimate for a $0.31 loss by $0.06 per share. The loss also narrowed from $0.42 per share a year ago, indicating year-over-year improvement in profitability trends. The article is limited to EPS results, but the earnings beat and smaller loss are modestly supportive for the stock.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.20

Ticker Sentiment

OUST0.30