Ouster posts record Q4 revenue of $24M, full-year 2023 revenue up 103% to $83M

Ouster, Inc.

Q4 revenue >$24M (record, +10% seq); FY23 revenue $83M (+103% YoY).
GAAP gross margin 22% (Q3: 14%); non-GAAP 35% (Q3: 33%).
Net loss $39M (Q3: $35M); Adj. EBITDA loss -$14M (Q3: -$18M).
Ended 2023 with $192M cash; exceeded post-merger cost-savings target by >40%.
Q1 2024 revenue guidance: $25-26M.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Ouster, Inc. reported the three and twelve months ended December 31, 2023 results: revenue Over $83 million in revenue, net income Net loss of $39 million. Guidance initiated.

Period: the three and twelve months ended December 31, 2023
Revenue: Over $83 million in revenue
Net income: Net loss of $39 million
Guidance: initiated
Result: reported results

Exact text from the filing

Ouster Announces Record Revenue for Fourth Quarter and Full Year 2023 Record revenue of $83 million for the full year 2023 Expects $25 to $26 million of revenue for the first quarter of 2024

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Ouster, Inc. filing history →

Source: SEC EDGAR

accession 0001193125-24-077626

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