MTTR Stock Recent News

Matterport fell slightly short of revenue expectations for its fourth quarter. The spatial data platform company also issued slightly weaker-than-expected first-quarter revenue guidance.

Q4 2023 revenue declined 3.9% year over year, missing the 2.2% drop Wall Street had expected. The quarter's adjusted loss per share was $0.04, which was in line with the analyst consensus estimate.

Matterport, Inc. (MTTR) Q4 2023 Earnings Call Transcript

SUNNYVALE, Calif., Jan. 23, 2024 (GLOBE NEWSWIRE) -- Matterport, Inc. (Nasdaq: MTTR), the leading spatial data company driving the digital transformation of the built world, today announced that it will release its fourth quarter and full year 2023 financial results on Tuesday, February 20, 2024, after market close. Matterport management will host a conference call that day at 1:30 p.m. Pacific time (4:30 p.m. Eastern time) to discuss the financial results. The dial-in number will be (412) 902-4209, conference ID: 10185588.

In November 2023, the U.S. economy added 199,000 jobs, exceeding Wall Street predictions. Notably, overall employment now stands 2 million jobs higher than projected in January 2020 by the Congressional Budget Office.

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SUNNYVALE, Calif., Nov. 20, 2023 (GLOBE NEWSWIRE) -- Matterport, Inc. (Nasdaq: MTTR), the leading spatial data company driving the digital transformation of the built world, today announced that it is scheduled to participate in the following investor conferences: UBS Global Technology ConferenceTuesday, November 28, 2023Location: Scottsdale, AZ Wells Fargo 7th Annual TMT SummitWednesday, November 29, 2023Location: Rancho Palos Verdes, CAPresentation Time: 3:00 p.m.

Third-quarter revenue grew 7% year over year, exceeding the 3% Wall Street had expected. The adjusted loss per share was $0.04, topping the analyst consensus of an adjusted loss per share of $0.06.

Matterport topped estimates on the top and bottom lines. Overall revenue growth is still slow despite strength in subscriptions.

Matterport, Inc. (NASDAQ:MTTR ) Q3 2023 Earnings Call Transcript November 6, 2023 4:30 PM ET Company Participants Mike Knapp - VP, IR RJ Pittman - Chairman and CEO JD Fay - CFO Conference Call Participants Yun Kim - Loop Capital Markets Operator Hello, and welcome to the Matterport Inc. Fiscal 2023 Third Quarter Results Conference Call. All participants will be in listen-only mode.