04:36 AM EDT, 05/06/2026 (MT Newswires) -- Ouster (OUST) reported a Q1 net loss late Tuesday of $0.28 per diluted share, narrowing from a loss of $0.42 a year earlier.

Four analysts surveyed by FactSet expected a loss of $0.28.

Revenue for the three months ended March 31 was $48.6 million, up from $32.6 million a year earlier.

Analysts polled by FactSet expected $46.2 million.

For Q2, the company expects revenue of $49.5 million to $52.5 million. Analysts expect $50.4 million.

Ouster shares were down 6.3% in premarket activity Wednesday.