Ouster (NYSE:OUST – Get Free Report) is scheduled to be posting its quarterly earnings results after the market closes on Thursday, May 9th. Ouster has set its Q1 2024 guidance at EPS.Persons that wish to listen to the company’s earnings conference call can do so using this link.
Ouster (NYSE:OUST – Get Free Report) last released its quarterly earnings results on Tuesday, March 26th. The company reported ($0.95) earnings per share for the quarter. Ouster had a negative return on equity of 106.16% and a negative net margin of 449.23%. The business had revenue of $24.44 million during the quarter.
Ouster Trading Down 3.2 %
Shares of OUST stock opened at $9.51 on Wednesday. The company has a debt-to-equity ratio of 0.24, a current ratio of 3.22 and a quick ratio of 2.94. The company has a market cap of $386.77 million, a price-to-earnings ratio of -0.86 and a beta of 2.40. Ouster has a 1 year low of $3.67 and a 1 year high of $11.40. The firm has a fifty day moving average price of $7.09 and a 200-day moving average price of $6.18.
Analyst Upgrades and Downgrades
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Insiders Place Their Bets
In other news, CFO Mark Weinswig sold 19,990 shares of the business’s stock in a transaction on Tuesday, April 2nd. The shares were sold at an average price of $9.35, for a total value of $186,906.50. Following the transaction, the chief financial officer now owns 236,800 shares of the company’s stock, valued at $2,214,080. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In related news, General Counsel Megan Chung sold 5,776 shares of the firm’s stock in a transaction on Monday, April 1st. The shares were sold at an average price of $7.96, for a total value of $45,976.96. Following the completion of the transaction, the general counsel now directly owns 163,966 shares of the company’s stock, valued at $1,305,169.36. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CFO Mark Weinswig sold 19,990 shares of the stock in a transaction on Tuesday, April 2nd. The shares were sold at an average price of $9.35, for a total transaction of $186,906.50. Following the transaction, the chief financial officer now owns 236,800 shares of the company’s stock, valued at approximately $2,214,080. The disclosure for this sale can be found here. Insiders sold 36,986 shares of company stock worth $290,359 in the last three months. 6.00% of the stock is owned by company insiders.
Ouster Company Profile
Ouster, Inc provides lidar sensors for the automotive, industrial, robotics, and smart infrastructure industries in Americas, the Asia-Pacific, Europe, the Middle East, and Africa. Its products include high-resolution scanning and solid-state digital lidar sensors, analog lidar sensors, and software solutions.
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