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Ouster Inc - OUST STOCK NEWS

Welcome to our dedicated page for Ouster news (Ticker: OUST), a resource for investors and traders seeking the latest updates and insights on Ouster stock.

Ouster Inc. (OUST) delivers cutting-edge lidar sensor technology powering autonomous vehicles, robotics, and smart infrastructure systems worldwide. This dedicated news hub provides investors and industry professionals with direct access to the company's official announcements and market developments.

Track critical updates including quarterly earnings, product innovations, and strategic partnerships that shape Ouster's position in the sensor technology landscape. Our curated feed ensures timely access to verified information about lidar advancements, industrial automation applications, and global expansion initiatives.

Discover comprehensive coverage of Ouster's technical milestones across automotive safety systems, drone navigation solutions, and smart city infrastructure projects. The repository maintains neutral, factual reporting on operational developments while excluding speculative analysis.

Bookmark this page for streamlined monitoring of OUST's progress in developing high-resolution digital lidar sensors and vision software critical to next-generation automation technologies.

Rhea-AI Summary
Ouster, Inc. (NYSE: OUST) achieved certification to ISO/IEC 27001:2022, demonstrating the company's commitment to information security. The certification ensures the highest standards of data security for its customers and partners, covering its lidar system, firmware, SDK, and digital lidar visualizer.
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Ouster, Inc. (NYSE: OUST) reported over $22 million in revenue and $38 million in bookings for Q3 2023, achieving $120 million in cost savings. The company aims for revenue growth, gross margin expansion, and cost management. The PR highlights improved gross margins, strong bookings, and cost reductions. Ouster also announced targets for revenue growth, margin expansion, and cost management, reflecting a positive outlook for the company's financial performance and strategic direction.
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Ouster, Inc. (NYSE: OUST) announced major software achievements, unifying Blue City traffic management under the Ouster Gemini platform, introducing new AI perception models, and booking millions of dollars in software coupled sales. The company expanded software deployments to over 375 sites, catering to the growing demand for lidar-powered smart infrastructure solutions.
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Ouster, Inc. (NYSE: OUST) will report its Q3 2023 financial results on November 9, 2023. A conference call will be held at 5:00 p.m. ET on the same day to discuss the results. Registration for the conference call can be completed at https://conferencingportals.com/event/ERDXYEAl.
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Ouster announces progress in patent infringement case against Hesai Group
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Ouster, Inc. issues statement on ITC investigation into unfair trade practices of Hesai Group. ALJ recommends termination of investigation to allow arbitration. Ouster seeks to enforce patents and bar infringing products from the US.
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Cyngn secures pre-order of 100 DriveMod Forklifts from Arauco, representing up to $5 million in annual recurring EAS license revenues
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Ouster, Inc. has appointed Cyrille Jacquemet as the Senior Vice President of Global Sales. Cyrille will be responsible for overseeing worldwide sales, marketing, and customer success. He has been a strategic sales leader at Ouster since 2018 and brings significant global commercial experience to his new role. Cyrille has a fifteen-year career in building and guiding sales organizations for technology companies in the U.S. and Europe. Ouster is well-positioned for near and long-term growth with its technology and team.
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Ouster reports over $19 million in revenue and $43 million in bookings in Q2 2023. Gross margins improved to 1%. Net loss reduced to $123 million. Now targeting annualized cost savings of over $110 million by Q4 2023. Expecting $20-22 million in revenue for Q3 2023.
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Ouster, Inc. (NYSE: OUST) will report its Q2 2023 financial results on August 10, 2023. The company is a leading provider of high-resolution digital lidar sensors for various industries. A conference call will be held at 5:00 p.m. ET on the same day to discuss the results.
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Ouster Inc

NYSE:OUST

OUST Rankings

OUST Stock Data

375.82M
50.26M
4.75%
47.37%
9.59%
Electronic Components
General Industrial Machinery & Equipment, Nec
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United States
SAN FRANCISCO