Ouster Reports Q4 Beat With Record 8,100 LiDAR Sensor Shipments
Ouster reported an adjusted Q4 loss of $0.24 per share versus a $0.35 consensus and generated $40.97M in revenue, including $21M in one-time royalties. Product revenue rose 36% year-over-year to $41M with record shipments of over 8,100 lidar sensors, and the company held $211M in cash.
1. Fourth-Quarter Financial Results
Ouster delivered an adjusted Q4 loss of $0.24 per share, outperforming the $0.35 consensus estimate, while generating $40.97 million in revenue that included approximately $21 million in one-time royalty income.
2. Record Shipments And Product Growth
Product revenue rose 36% year-over-year to $41 million, and the company achieved record shipments of over 8,100 lidar sensors, underscoring robust demand for its sensing platforms.
3. Strong Cash Position And Q1 Guidance
The company closed the quarter with $211 million in cash and expects first-quarter revenue of $45 million to $48 million, factoring in about seven weeks of operations from its Stereolabs acquisition.