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Matterport(MTTR) - 2024 Q1 - Quarterly Results
2024-05-07 04:10
Exhibit 99.1 Matterport Announces First Quarter 2024 Financial Results • Annualized Recurring Revenue hits record $96 million, up 21% year-over-year • Net loss improved 33% year-over-year; Non-GAAP net loss improved 80% year-over-year • 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 6, 2024 — Matter ...
Will Matterport, Inc. (MTTR) Report Negative Earnings Next Week? What You Should Know
Zacks Investment Research· 2024-04-29 23:06
The market expects Matterport, Inc. (MTTR) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended March 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The earnings report, which is expected to be released on May 6, 2024, might help the stock move higher if these key numbers ar ...
Matterport, Inc. (MTTR) Rises Yet Lags Behind Market: Some Facts Worth Knowing
Zacks Investment Research· 2024-04-27 07:16
The most recent trading session ended with Matterport, Inc. (MTTR) standing at $4.72, reflecting a +0.85% shift from the previouse trading day's closing. The stock's change was less than the S&P 500's daily gain of 1.02%. Meanwhile, the Dow experienced a rise of 0.4%, and the technology-dominated Nasdaq saw an increase of 2.03%. Heading into today, shares of the company had gained 107.08% over the past month, outpacing the Business Services sector's loss of 5.04% and the S&P 500's loss of 3.15% in that time ...
Matterport Cancels First Quarter 2024 Conference Call Following Definitive Agreement to be Acquired by CoStar Group
Newsfilter· 2024-04-26 21:00
SUNNYVALE, Calif., April 26, 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 that it will no longer hold its first quarter results conference call originally scheduled for Monday, May 6, 2024 at 1:30 p.m. Pacific time (4:30 p.m. Eastern time) due to the April 22, 2024 announcement that Matterport has entered into a definitive agreement to be acquired by CoStar Grou ...
Why is the Matterport Inc stock price soaring today? What Matterport's news means for markets
Invezz· 2024-04-23 15:59
Matterport股价表现 - Matterport Inc (Nasdaq: MTTR)股价今日飙升175%,创下新高,达到每股$4.80[1] - Matterport Inc股价在过去几天内上涨超过160%,过去一个月内几乎上涨了170%[2] CoStar Group收购Matterport - CoStar Group宣布以现金和股票交易方式收购Matterport,交易价值为16亿美元,每股5.50美元[5]
Why Is Matterport (MTTR) Stock Up 175% Today?
InvestorPlace· 2024-04-23 02:25
In today’s market, Matterport (NASDAQ:MTTR) is one of the biggest movers investors are watching, with MTTR stock surging more than 200% at today’s highs. The stock has come off of its daily high as of early afternoon trading but continues to see an abnormal number of shares trade hands, with more than 55 million shares of MTTR stock traded as of 2 p.m. EST, compared to an average daily volume of around 2.6 million shares. This move follows a big announcement for the immersive 3D digital twins company. CoSta ...
Why Matterport Stock Is Rocketing Higher Today
The Motley Fool· 2024-04-23 01:26
The real estate tech company has found a buyer. Online real estate marketplace CoStar Group (CSGP 1.00%) has agreed to buy Matterport (MTTR 179.02%) for a significant premium to the target's Friday close. Investors are rallying into Matterport shares, sending the stock up 180% as of 1 p.m. Monday. Bringing 3D data to a leading real estate platform Matterport is a spatial data company focused on providing 3D floor plans and the cameras and other technology needed to create them for the real estate, construct ...
CoStar to acquire spatial data firm Matterport for $1.6B
Proactive Investors· 2024-04-23 00:31
About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, The ...
Matterport Buyout at 216% Premium: What to Do Now
The Motley Fool· 2024-04-22 23:19
A huge buyout is taking place with Matterport today. Matterport (MTTR 174.71%) is being acquired by CoStar Group (CSGP 1.06%) for an incredible 216% premium from Friday's closing price. In this video, Travis Hoium goes through the deal and everything you need to know. *Stock prices used were end-of-day prices of April 22, 2024. The video was published on April 22, 2024. ...
Crunch Fitness Partners with Matterport to Offer Advanced Photography Services to its Franchisees
Newsfilter· 2024-04-16 21:00
SUNNYVALE, Calif., April 16, 2024 (GLOBE NEWSWIRE) -- Matterport, Inc. (NASDAQ:MTTR), the leading digital twin platform for the built world, announced it has partnered with Crunch Fitness, one of the largest fitness companies in North America, to use Matterport's leading digital twin and photography services to ensure brand consistency across marketing materials for its U.S. franchise locations. Headquartered in New York City, Crunch has over 450 gyms worldwide, serving a diverse community of more than 2.5 ...