Ouster Inc. (OUST) shares soared 11.67% in pre-market trading on Wednesday, following the company's impressive third-quarter 2025 financial results and optimistic fourth-quarter outlook. The lidar technology company outperformed analyst expectations, demonstrating robust growth and improved financial metrics.

Ouster reported Q3 revenue of $39.525 million, surpassing the analyst consensus estimate of $37.1 million. This represents a significant 41% year-over-year increase, driven by record shipments of over 7,200 sensors during the quarter. The company's earnings per share (EPS) showed a loss of $0.37, which was better than the anticipated loss of $0.45 per share, marking a 17.78% improvement over expectations.

CEO Angus Pacala highlighted the company's focus on developing next-generation products, increasing software-attached sales, and progressing towards profitability. The strong performance was primarily fueled by demand from customers in smart infrastructure, robotics, and industrial verticals. Looking ahead, Ouster provided a positive outlook for the fourth quarter, projecting revenue between $39.5 million and $42.5 million, further bolstering investor confidence in the company's growth trajectory. The combination of better-than-expected Q3 results and upbeat Q4 guidance has clearly resonated with investors, driving the significant pre-market surge in Ouster's stock price.