NASDAQ$OUST
Ouster Inc · Q3 2024 earnings
Q3 2024 earnings · · Investor relations
Briefing
Ouster reported record revenue, GAAP gross margin, and non-GAAP gross margin for the third quarter of 2024.
Ouster achieved record performance in Q3 2024, with revenue reaching $28 million, a GAAP gross margin of 38%, and a non-GAAP gross margin of 45%. The company focused on expanding its software installed base and achieved its highest level of software-attached sales to date.
- Revenue reached $28 million, up 26% year-over-year and 4% sequentially.
- Over 3,900 sensors were shipped for revenue.
- GAAP gross margin was 38%, compared to 14% in Q3 2023.
- Non-GAAP gross margin was 45%, compared to 33% in Q3 2023.
Headline financials
Revenue & EPS history
Ouster · Revenue · Quarterly
$28.1M
Forward guidance
For the fourth quarter of 2024, Ouster expects to achieve $29 million to $31 million in revenue.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2024
+6.8%
Avg return
Earnings day
+7.2%
Avg return
5 days after
+7.1%
Avg return
30 days after
64%
16 / 25 earnings
Positive
+34.3%
Q4 2023
Best reaction
-27.9%
Q2 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +1.6% | -10.4% | +67.3% | |
| Q4 2025 | +7.4% | +0.1% | -3.8% | |
| Q3 2025 | -6.6% | -7.3% | -10.5% | |
| Q1 2025 | +22.7% | +31.4% | +68.7% | |
| Q4 2024 | +31.9% | +26.7% | -16.6% | |
| Q3 2024 | +2.0% | +24.8% | +32.7% | |
| Q2 2024 | -27.9% | -26.6% | -43.8% | |
| Q1 2024 | +25.8% | +21.5% | +16.2% | |
| Q4 2023 | +34.3% | +59.1% | +49.9% | |
| Q3 2023 | +12.6% | +18.7% | +34.0% | |
| Q2 2023 | +30.6% | +31.6% | -0.4% | |
| Q1 2023 | +18.5% | +39.8% | +34.8% | |
| Q4 2022 | -10.3% | -20.3% | -57.2% | |
| Q3 2022 | -13.7% | +3.4% | +2.6% | |
| Q2 2022 | -4.5% | -20.7% | -31.8% | |
| Q1 2022 | -0.3% | -10.4% | -38.8% | |
| Q4 2019 | -6.6% | -16.6% | +34.3% | |
| Q4 2021 | +23.0% | +22.6% | +18.0% | |
| Q3 2021 | +13.4% | +4.1% | -4.1% | |
| Q2 2020 | +3.5% | -1.0% | -18.5% | |
| Q2 2021 | +2.0% | +1.2% | -18.8% | |
| Q1 2020 | +15.6% | +14.5% | +50.7% | |
| Q1 2021 | -6.7% | -12.5% | +14.6% | |
| Q4 2020 | -1.1% | +6.9% | -6.0% | |
| Q3 2020 | +3.6% | +0.4% | +3.6% |
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