05:16 PM EDT, 03/26/2024 (MT Newswires) -- Ouster (OUST) reported a Q4 loss late Tuesday of $0.95 per diluted share, narrower than a loss of $2.54 a year earlier.

Three analysts polled by Capital IQ expected a loss of $0.83.

Revenue for the quarter ended Dec. 31 was $24.4 million, up from $10.9 million a year earlier.

Analysts surveyed by Capital IQ expected $24.5 million.

The company said it expects Q1 revenue between $25 million and $26 million.

Analysts polled by Capital IQ expect $25 million.

The company's shares were rising past 4% in after-hours trading.

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