Ouster: Important Considerations Ahead Of The Q2 Earnings Event

The Alpha Sieve 5.1K Followers Follow Summary Ouster Inc., which is up 80% YTD and is seeing steep levels of volatility, is due to announce Q2 results on Aug. 6 post market hours. Q2 will be the first full quarter with the StereoLabs integration, which could abet the topline, but higher OPEX costs and cash burn are likely to be a lingering theme. The REV8 OS sensor launch, which only got shipped in May, should also help with volumes, but ASPs won't be game-changing, and gross margins may not necessarily see an uplift. OUST trades at a forward P/S of 8-9x—above peers and its average—while expected topline growth of 32% over the next two years lags key LiDAR competitors. tang90246/iStock Editorial via Getty Images A Volatile Run To Mid-Cap Status The stock of Ouster Inc., a San Francisco-based digital LIDAR [Light Detection and Ranging] specialist that is seeking to make a mark in the global physical AI landscape (mainly in areas of This article was written by The Alpha Sieve 5.1K Followers Follow Investment research, primarily oriented towards uncelebrated/under-covered stocks and ETFs, across North America, Latin America, Europe and Asia. Seeks to combine both fundamental and technical disciplines while making an investment/trading proposition. Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.