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Stock impact report

SmartRent Full Year 2023 Earnings: In Line With Expectations [Yahoo! Finance]

SmartRent, Inc. Class A (SMRT) 
US:NASDAQ Investor Relations: ir.steinmart.com/investor-relations
Company Research Source: Yahoo! Finance
Net loss: US$34.6m (loss narrowed by 64% from FY 2022). US$0.17 loss per share (improved from US$0.49 loss in FY 2022). All figures shown in the chart above are for the trailing 12 month (TTM) period SmartRent Meets Expectations Revenue was in line with analyst estimates. Earnings per share (EPS) was also in line with analyst expectations. Looking ahead, revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Electronic industry in the US. Performance of the American Electronic industry. The company's shares are down 5.8% from a week ago. Risk Analysis You should always think about risks. Case in point, we've spotted 1 warning sign for SmartRent you should be aware of. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on hist Show less Read more
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