SmartRent Reports Third Quarter 2024 Results
SmartRent, Inc. Class A (SMRT)
US:NASDAQ Investor Relations:
ir.steinmart.com/investor-relations
Company Research
Source: Business Wire
Delivers Record SaaS Annual Recurring Revenue (“ARR”) of $53 million in Q3 2024Returns Cash to Shareholders with Share RepurchaseFocuses on Four Pillars to Drive Shareholder Value and Customer Success SCOTTSDALE, Ariz.--(BUSINESS WIRE)--SmartRent, Inc. (NYSE: SMRT) (“SmartRent” or the “Company”), a leading provider of smart communities solutions and smart operations solutions for the rental housing industry, today reported financial results for the three months ended September 30, 2024. Management is hosting an investor call to discuss results today, November 6, 2024, at 11:30 a.m. Eastern Time.Financial and Business Highlights for the Third Quarter 2024Total Revenue of $40.5 million, decreased by 30% percent year-over year.SaaS Revenue of $13.3 million, increased by 23% percent year-over year.Net Loss of $(9.9) million, increased by 29% percent from $(7.7) million year-over-year.Adjusted EBITDA of $(3.8) million, improved by 24% percent, from $(5.0) million year-over-year.Repurcha
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News
- Positive Signs As Multiple Insiders Buy SmartRent Stock [Yahoo! Finance]Yahoo! Finance
- SmartRent Launches $10M Investment Program to Fuel Next-Level Innovation and Customer Success [Yahoo! Finance]Yahoo! Finance
- SmartRent Launches $10M Investment Program to Fuel Next-Level Innovation and Customer SuccessBusiness Wire
- SmartRent Wins 2024 MHN Excellence Silver Award for Best Technology [Yahoo! Finance]Yahoo! Finance
- SmartRent Wins 2024 MHN Excellence Silver Award for Best TechnologyBusiness Wire
SMRT
Earnings
- 11/6/24 - Miss
SMRT
Sec Filings
- 12/26/24 - Form 4
- 12/19/24 - Form 4
- 12/19/24 - Form 4
- SMRT's page on the SEC website