Matterport Announces Record Third Quarter 2024 Financial Results [Yahoo! Finance]
Matterport, Inc. - Class A (MTTR)
Company Research
Source: Yahoo! Finance
Net loss improved 14% year-over-year; Non-GAAP net loss improved 80% year-over-year Total subscribers grew to 1.1 million, up 25% year-over-year Square feet under management reached 47.3 billion, up 34% from prior year SUNNYVALE, Calif., Nov. 12, 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 September 30, 2024. “I'm pleased to share our third-quarter 2024 results, highlighting our continued success driving efficient growth,” said RJ Pittman, Chairman and CEO of Matterport. “Total square feet managed reached 47.3 billion, up 34% year-over-year, with annual recurring revenue hitting a record $101.5 million, an 11% increase year-over-year,” Pittman added. “Our Fall 2024 Release introduced groundbreaking AI-powered tools designed to elevate digital twin applications and real estate listings. Wit
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MTTR
Earnings
- 11/12/24 - Beat
MTTR
Sec Filings
- 12/16/24 - Form 4
- 12/13/24 - Form 4
- 12/3/24 - Form 4
- MTTR's page on the SEC website