Stein Mart (SMRT) Reports Q3 Loss of $0.31

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SmartRent Reports Third Quarter 2021 Financial Results

November 10, 2021 4:05 PM EST

Revenue Increased 112% as the Company added a record 59,000 Deployed Units

Committed Units Increased to over 704,000

SCOTTSDALE, Ariz.--(BUSINESS WIRE)-- SmartRent, Inc. ("SmartRent" or the Company), a leading provider of smart home and smart building automation for property owners, managers, developers, homebuilders, and residents, today reported financial results for the third quarter ended September 30, 2021.

Third Quarter 2021 Highlights

Record revenue of $35.1 million, a year-over-year increase of 112% Deployed 59,347 units, an increase of 111% as compared to the prior year period New Units Booked grew to 49,706, up 134%... More