Automotive Lidar Maker Post Strong Results. Ouster Stock Jumps. - Barron's
1. Ouster reported $33 million in Q1 sales, beating Wall Street's $31 million estimate. 2. Sales grew 26% year-over-year, marking the ninth consecutive quarter of growth. 3. Company projects Q2 sales between $32 and $35 million, indicating a 20% rise. 4. Adjusted EBITDA loss narrowed to $8 million versus a $12 million forecast. 5. Ouster faces a manageable 10% import tariff due to manufacturing in Thailand.