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Ouster achieves record $59 million in third-quarter revenue

The Motley Fool +1 · ·by G4L

OUST
OUST Ouster Inc
$38.22 -0.91%
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  1. 1Ouster recorded $59 million in third-quarter revenue, an increase of approximately 50% compared to the same period last year.
  2. 2Ouster achieved more than 27,000 sensors shipped in the third quarter.
  3. 3The projected revenue range for the fourth quarter is between $61 million and $64 million.

So what's the key point?

Ouster earned $59 million in the third quarter, marking its highest revenue ever. Revenue is expected to increase further in the next quarter.

Source The Motley Fool +1 · View original ↗

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