Ouster Announces Record Revenue and Margin for First Quarter 2024

SAN FRANCISCO--(BUSINESS WIRE)---- $OUST--Ouster, Inc. (NYSE: OUST) (“Ouster” or the “Company”), a leading global provider of high-performance lidar sensors and software solutions for the automotive, industrial, robotics, and smart infrastructure industries, announced today financial results for the three months ended March 31, 20241. First Quarter 2024 Highlights $26 million in revenue, up 51% year over year and 6% sequentially. Shipped approximately 4,500 sensors for revenue. GAAP gross margin of 29%,