Matterport, Inc. (MTTR) Tops Q1 EPS by 4c

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Go back to Matterport, Inc. (MTTR) Tops Q1 EPS by 4c

Matterport Announces First Quarter 2022 Financial Results with Stronger-than-Expected Revenue

May 10, 2022 4:05 PM EDT

Total subscribers increased 70% to 562,000 from year-ago periodSubscription revenue rose 24% year-over-yearQ1 GAAP diluted earnings per share of $0.23, Non-GAAP loss per share of $0.10Company reaffirms prior guidance for the full yearBalance sheet remains strong with $600 million cash and investments and no debt

SUNNYVALE, Calif., May 10, 2022 (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 financial results for the quarter ended March 31, 2022.

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