Ouster, Inc. (NYSE:OUST) Q3 2023 Earnings Call Transcript

Those are the key points that allow us to commercialize this technology into automotive and create an end-state technology like other digital technologies, CMOS cameras, radar sensors and cars and just get this into every last car in the world. And I’m sorry, you had a follow-on question?

Kevin Garrigan: No. I was just wondering what customers like about your sensor over the competition, but you answered that. So I appreciate the detail.

Operator: Thank you. [Operator Instructions] And gentlemen, it appears we have no further questions today. Mr. Pacala, I’ll hand things back to you for any closing comments.

Angus Pacala: Well, I’d just like to say, success in the lidar industry requires having a great technology, great strategy and team, but it also requires execution. And this is only the second full quarter since Ouster’s merger with Velodyne. And our Q3 results, I think, speak for themselves. I’m incredibly proud of what our team has accomplished in short order, and I believe that Ouster is on a strong path of growth. So I want to thank everyone that joined the call today and thank the Ouster team for all of their hard work for this quarter.

Operator: Thank you. Ladies and gentlemen, that will conclude Ouster’s third quarter 2023 earnings conference call. I’d like to thank you all so much for joining us and wish you all a great remainder of your day. Goodbye.