How did OUST's revenue and expenses trend in Q4 2024?

Ouster's revenue and expenses in Q4 2024 showed a positive trend in revenue growth and a decrease in certain expenses, but the company still reported a net loss.

1. Revenue Trend: The company's total revenue for Q4 2024 was $30.09 million. This represents an increase from the previous quarter's revenue, indicating a positive trend in sales.
2. Expense Trend: Ouster's Gross Margin improved to 36.42% in Q4 2024, up from the last change of 4.72%. This suggests that the company's cost management efforts are paying off, leading to better profitability margins.

3. Net Income: Despite the revenue growth and improved gross margin, Ouster reported a net loss of $23.74 million for the quarter. This indicates that the company's expenses, including R&D, sales and marketing, and general and administrative costs, are still exceeding its revenue.
4. Expense Details: R&D expenses were $14.72 million, and selling, general, and administrative expenses were $24.06 million. These figures are significant contributors to the company's net loss, highlighting the need for effective cost management and potentially revising expense strategies.

In conclusion, while Ouster has shown a positive trend in revenue and gross margin, the company's continued net loss underscores the importance of managing expenses, particularly R&D and SG&A, to achieve profitability.