Matterport, Inc. (MTTR) Reports Q2 Loss of $0.62/sh

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Go back to Matterport, Inc. (MTTR) Reports Q2 Loss of $0.62/sh

Matterport Announces Record Second Quarter 2021 Financial Results

August 11, 2021 4:15 PM EDT

Matterport reports record revenue of $30 million, 10% sequential increaseSubscription revenue jumps 53% to $15 million from year-ago period Total subscribers increased 158% to 404,000 from year-ago period

SUNNYVALE, Calif., Aug. 11, 2021 (GLOBE NEWSWIRE) -- Matterport, Inc. (Nasdaq: MTTR), the leading spatial data company driving the digital transformation of the built world, today announced financial results for the quarter ended June 30, 2021.

"We are thrilled to report another record quarter with strong subscriber and subscription revenue pushing revenue up 10% sequentially, demonstrating our continued momentum, said RJ Pittman, Chairman and Chief... More