🔴 Ouster is trading 7.63% down today in after-hours trading after a larger-than-expected adjusted EPS loss

Ouster is trading 7.63% down now at $42.10 in after-hours trading after a larger-than-expected adjusted EPS loss.

• Adjusted EPS was -$0.27 versus the -$0.12 analyst consensus; revenue reached $54.6 million and gross margin expanded to 49%.
• Third-quarter revenue guidance of $54.5 million–$57.5 million implies modest sequential growth, potentially tempering enthusiasm after Ouster’s recent rally.
• The decline appears company-specific and earnings-driven rather than caused by the modestly weaker broader market.