secwatch.observer — SEC 8-K summary
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Issuer:     Ouster, Inc. (OUST)
CIK:        0001816581
Form:       8-K
Filed at:   2024-05-09T23:59:59+00:00
Accession:  0001193125-24-135301
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ouster Q1 2024 revenue $26M (+51% YoY); record non-GAAP gross margin 36%
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- Revenue of $26M, up 51% YoY and 6% sequentially; ~4,500 sensors shipped.
- GAAP gross margin 29% (vs -2% YoY); non-GAAP gross margin record 36% (vs 25% YoY).
- Net loss narrowed to $24M from $177M YoY; Adjusted EBITDA loss $12M vs $27M YoY.
- Cash, equivalents, restricted cash, and short-term investments total $189M.
- Growth driven by large orders in robotics and automotive (warehouse robotics, mapping, AV).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1816581/000119312524135301/0001193125-24-135301-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1816581/000119312524135301/d804160d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-135301

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