The Latest Breaking News from Ouster

Ouster is up more than 50% in 2024 and has been rallying since reporting earnings last week.

The promise of self-driving cars spurred an explosion of companies specializing in vision sensors. But consolidation is ahead.

Benzinga Pro data, Ouster (NYSE:OUST) reported Q4 sales of $11.85 million. Earnings fell to a loss of $32.01 million, resulting in a 152.67% decrease from last quarter.

Ouster (NYSE:OUST) reported its Q4 earnings results on Tuesday, February 15, 2022 at 04:05 PM. Here's what investors need to know about the announcement. Earnings Ouster missed estimated earnings by 13.33%, reporting an EPS of $-0.17 versus an estimate of $-0.15.

Velodyne Lidar Inc (NASDAQ:VLDR) disclosed offering 40 million warrants at $4.18/share to Amazon.com Inc (NASDAQ:AMZN), with full vesting contingent on $200 million of sales from Amazon. Velodyne will issue a warrant to a subsidiary of Amazon to acquire up to 39.6 million shares. Amazon is a well-rumored customer, specifically for last-mile delivery applications. Craig-Hallum analyst Richard Shannon…