Matterport Announces First Quarter 2024 Financial Results [Yahoo! Finance]
Matterport, Inc. - Class A (MTTR)
Company Research
Source: Yahoo! Finance
Cash used in operating activities improved 81% year-over-year Net Dollar Expansion rate of 107% Total subscribers reach 1.0 million, up 30% year-over-year Square feet under management reached 40.7 billion, up 35% from prior year SUNNYVALE, Calif., May 06, 2024 (GLOBE NEWSWIRE) -- Matterport, Inc. (Nasdaq: MTTR) (“Matterport” or the “Company”), the leading spatial data company driving the digital transformation of the built world, today announced financial results for the quarter ended March 31, 2024. “I'm pleased to announce our first quarter 2024 results, which reflect our continued success in driving efficient growth for the company,” said RJ Pittman, Chairman and Chief Executive Officer of Matterport. “Subscription revenue grew 21%, hitting a record $24 million for the period, and now represents more than 60% of our total revenue - emphasizing our focus to elevate the SaaS mix within our business,” Pittman added. “More recently, we announced that we entered into a defini
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- Matterport Unveils Reporting Tool to Showcase Carbon Reduction Achieved Using Digital Twins [Yahoo! Finance]Yahoo! Finance
- Matterport Unveils Reporting Tool to Showcase Carbon Reduction Achieved Using Digital TwinsGlobeNewswire
- MATTERPORT INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Matterport, Inc. - MTTRBusiness Wire
- 3D Scanner Matterport Sold For $1.8 Billion, Lamini AI Raises $25 Million, Neurable $13 Million, Freepic Acquires Magnific AI [Forbes]Forbes
- Matterport, Inc. (MTTR) Reports Q1 Loss, Misses Revenue Estimates [Yahoo! Finance]Yahoo! Finance
MTTR
Earnings
- 5/6/24 - Beat
MTTR
Sec Filings
- 5/8/24 - Form 10-Q
- 5/6/24 - Form 425
- 5/6/24 - Form 425
- MTTR's page on the SEC website