OUST Earnings Prediction
The chart below shows how OUST performed 10 days before and after its earnings report, based on data from the past quarters. Typically, OUST sees a -2.37% change in stock price 10 days leading up to the earnings, and a +12.33% change 10 days following the report. On the earnings day itself, the stock moves by +1.34%. This data can give you a slight idea of what to expect for the next quarter's release.
OUST Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
30.09M
23.11%
7.18%
Gross Margin
--
--
--
Operating Margin
--
--
--
Net Margin
--
--
--
EPS
--
--
--
No Data Available
OUST Earnings Analysis
Ouster Inc Corporation (OUST.N) Earnings Conference Call
Positive
Q4 Revenue and Margins: Ouster generated $30 million in revenue for Q4 2024, with gross margins of 44%, reinforcing its position as a leader in the lidar industry.
Consistent Performance Excellence: The company has met or exceeded its guidance for eight consecutive quarters, demonstrating consistent execution.
Strong Financial Position: Ouster ended the year with a strong balance sheet, holding $175 million in cash and equivalents with zero debt.
Lidar Technology Deployment: The company secured a $2 million contract for its Blue City traffic management solution in Chattanooga, marking a significant deployment of lidar technology in the U.S.
Sensor Volume Surge: Ouster's OS sensor volumes increased by over 50% in 2024, indicating strong demand for its products.
Software Bookings Surge: Software attached bookings grew by over 60% in 2024, highlighting the success of its software solutions.
Blue City Launch Success: The company successfully launched Blue City across the U.S., tapping into a large market opportunity in Intelligent Transportation Systems (ITS).
Automation Partnerships for Efficiency: Ouster's partnerships with major heavy equipment manufacturers like John Deere support automation efforts, enhancing operational efficiency.
Year-over-Year Revenue Growth: The company achieved a 33% year-over-year revenue growth for 2024, aligning with its long-term growth targets.
Gross Margin Performance: Ouster's gross margin for the full year was 36%, within its target range of 35% to 40%.
Cost Management Success: Operating expenses were down significantly from the previous year, reflecting effective cost management.
Sensor Shipment Growth: The company shipped approximately 4,800 sensors in Q4 2024, with strong sequential unit growth of 23%.
Strong Balance Sheet: Ouster's balance sheet remains strong, with cash and equivalents of $175 million, positioning it well for future growth.
Software Expansion Strategy: The company is focused on scaling its software attached business and expanding its product portfolio in 2025, aiming for significant innovation.
Negative
Earnings Miss Report: Ouster, Inc. missed earnings expectations with a reported EPS of $-0.48, while expectations were $-0.23.
Increased Operating Expenses: Operating expenses increased sequentially by 1% due to higher litigation expenses of $6 million, which could indicate ongoing legal challenges.
Revenue Volatility Concerns: The company noted that while they achieved revenue growth, the order cadence from customers is more quarterly rather than large annual orders, which may lead to revenue volatility.
Navigating Market Volatility: Despite a strong balance sheet, the company is navigating volatility and uncertainty in the current climate, which could impact future performance.
Gross Margin Stability Concerns: The gross margin strength was attributed to lower costs related to legacy inventory, suggesting potential concerns about future margin stability without such benefits.
OUST FAQs
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OUST Earning Call Sentiment
Ouster, Inc. (NYSE:OUST) Q4 2024 Earnings Call Transcript
OUST.N
2.06%Positive
The earnings call presents a mixed picture: strong revenue growth and improved margins are offset by missed EPS expectations and competitive pressures. While management is optimistic about market opportunities and has a solid balance sheet, uncertainty in the economic and regulatory environment, along with litigation expenses, tempers the outlook. The lack of shareholder return initiatives further moderates sentiment. Overall, the stock is likely to remain stable, with no major catalysts for a significant price change in the short term.
