* Ouster Inc reported a quarterly adjusted loss of 95 cents per share for the quarter ended in December, higher than the same quarter last year, when the company reported EPS of $-1.90. The mean expectation of seven analysts for the quarter was for a loss of 83 cents per share. Wall Street expected results to range from -96 cents to -70 cents per share.
* Revenue rose 123.5% to $24.44 million from a year ago; analysts expected $24.06 million.
* Ouster Inc's reported EPS for the quarter was a loss of 95 cents.
* The company reported a quarterly loss of $39 million.
* Ouster Inc shares had fallen by 34.9% this quarter.
FORECAST CHANGES
* The mean earnings estimate of analysts had risen by about 0.8% in the last three months.
* In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."
* The average consensus recommendation for the electronic equipment & parts peer group is also "buy"
Wall Street's median 12-month price target for Ouster Inc is $9.00 This summary was machine generated from LSEG data March 26 at 09:54 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Dec. 31 2023 -0.83 -0.95 Missed
Sep. 30 2023 -1.16 -0.89 Beat
Jun. 30 2023 -1.48 -3.19 Missed
Mar. 31 2023 -2.20 -2.65 Missed
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