Stein Mart (SMRT) Reports Q2 Loss of $4.87

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Go back to Stein Mart (SMRT) Reports Q2 Loss of $4.87

SmartRent Reports Second Quarter 2021 Financial Results

August 30, 2021 4:05 PM EDT

Company Achieves Record Revenue for the Quarter

Recent Highlights

Increased second quarter revenue by 274% to $21.7 million from $5.8 million in the prior year Grew deferred revenue 133% year-over-year to $74.5 million Deployed 23,834 New Units in the second quarter up 243% year-over-year Increased Committed Units to 606,000 as of June 30, 2021 Launched Smart Intercom and Alloy Access Solo to enhance and optimize access control systems Initiated vertical expansion into attractive Student Housing market Completed business combination with Fifth Wall Acquisition Corp. I Appointed Ann Sperling to the Board of... More