Ouster Inc (NASDAQ:OUST) reported financial results for the fourth quarter after the closing bell on Monday. Here’s a look at the key details from the report.

Ouster stock is showing exceptional strength. What’s fueling OUST momentum?

Ouster Tops Estimates In Q4

Ouster reported fourth-quarter revenue of $62.18 million, beating analyst estimates of $41.1 million, according to Benzinga Pro. The company reported a fourth-quarter loss of six cents per share, beating estimates for a loss of 35 cents per share.

Total revenue increased 107% year-over-year as product revenue increased 36% to $41 million, primarily driven by customers in industrial and robotics verticals for use in warehouse ...