secwatch.observer — SEC 8-K summary
======================================

Issuer:     Ouster, Inc. (OUST)
CIK:        0001816581
Form:       8-K
Filed at:   2022-11-07T23:59:59+00:00
Accession:  0001193125-22-279105
Event type: other_material
Sentiment:  neutral
Materiality: 0.90
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ouster Q3 rev $11.2M (+44% YoY), gross margins 33%; announces all-stock merger with Velodyne, expected H1 2023
--------------------------------------------------------------------------------

- Revenue $11.2M, up 44% YoY; gross margin 33% (record) vs 24% in Q3 2021.
- Net loss $36M (Q3) vs $13M in Q3 2021; adjusted EBITDA loss $24M.
- Sold 2,136 sensors (+31% YoY); 84 Strategic Customer Agreements at quarter-end.
- Announced all-stock merger of equals with Velodyne, expected close H1 2023, subject to approvals.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1816581/000119312522279105/0001193125-22-279105-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1816581/000119312522279105/d189673d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-279105

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer