Ouster OUST reported its Q1 earnings results on Thursday, May 11, 2023 at 04:15 PM.
Here's what investors need to know about the announcement.
Earnings
Ouster missed estimated earnings by 20.45%, reporting an EPS of $-2.65 versus an estimate of $-2.2.
Revenue was up $8.67 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.5 which was followed by a 13.71% drop in the share price the next day.
Here's a look at Ouster's past performance:
Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
---|---|---|---|---|
EPS Estimate | -1.8 | -1.7 | -1.7 | -1.6 |
EPS Actual | -2.3 | -2 | -1.6 | -1.9 |
Revenue Estimate | 15.84M | 11.39M | 11.19M | 12.05M |
Revenue Actual | 10.94M | 11.20M | 10.33M | 8.56M |
To track all earnings releases for Ouster visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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