Shares of Ouster Inc. (NASDAQ: OUST) surged 8.14% in after-hours trading following the release of its impressive third-quarter 2025 financial results. The lidar technology company outperformed analyst expectations, demonstrating robust growth and improved financial metrics.
Ouster reported Q3 revenue of $39.525 million, surpassing the analyst consensus estimate of $37.1 million. This represents a significant 41% year-over-year increase from $28.075 million in the same quarter last year. The company's earnings per share (EPS) showed a loss of $(0.37), which was better than the anticipated loss of $(0.45) per share, marking a 17.78% improvement over expectations.
The strong performance was driven by record shipments of over 7,200 sensors during the quarter, primarily fueled by demand from customers in smart infrastructure, robotics, and industrial verticals. Ouster's CEO, Angus Pacala, highlighted the company's focus on developing next-generation products, increasing software-attached sales, and progressing towards profitability. Looking ahead, Ouster provided a positive outlook for the fourth quarter, projecting revenue between $39.5 million and $42.5 million, further bolstering investor confidence in the company's growth trajectory.
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