24H | Ouster Soars 20%; Plug Power Jumps 9%; BigBear.ai Drops 4%; Credo Sinks 8%; MongoDB Plunges 24%

Tiger Newspress
03/03

Lidar sensor maker 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. The shares surged 19.6% in overnight trading.

Plug Power stock jumped 8.8% in overnight trading on a better-than-expected finish to 2025. The hydrogen technology company reported an adjusted per-share loss of 6 cents from sales of $225.2 million. Wall Street was looking for a 10-cent loss from sales of $217 million, according to FactSet. A year ago, Plug reported a $1.48 per share loss from sales of $192 million.

AST SpaceMobile logged higher revenue boosted by gateway deliveries and milestone payments from government contracts. The space-based broadband cellular network provider rose 3.6% in overnight trading.

Quantum Computing posted $198,000 in revenue for the fourth quarter, down from $384,000 last quarter but sharply higher than the $62,000 recorded in the same period a year ago. The shares fell 2.9% in overnight trading.

Archer Aviation stock fell 4.1% in overnight trading as spending in early 2026 looks higher than investors expected.

BigBear.ai reported a fourth quarter loss of -$0.01 per share, beating analyst estimates of -$0.07, but revenue of $27.3 million fell short of the $34.48 million consensus estimate. The shares dropped 4.2% in overnight trading.

Credo Technology reported third quarter fiscal 2026 results that exceeded analyst expectations, yet shares fell 7.8% as investors appeared to focus on other factors beyond the quarterly beat.

MongoDB shares plunged 24.3% following its fourth quarter fiscal 2026 earnings report, as investors reacted negatively to the company’s first quarter guidance despite beating current quarter expectations.

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