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Ouster: Unlocking The Power Of Lidar
Ouster reported strong Q1 earnings, with revenue increasing 51% to $26 million, leading to a 20% jump in stock price. The robotics segment was the largest contributor to revenue growth, and the Company's software and verticalization strategy is a unique differentiator. The lidar market is expected to grow rapidly, and OUST has the potential to reach $1 billion revenue in 5 years.
Seekingalpha | 2 years ago
