SmartRent (SMRT) Misses Q1 EPS by 2c

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SmartRent Reports First Quarter 2022 Results

May 11, 2022 4:04 PM EDT

Total revenue of $37.4 million and Bookings of $72.0 million set new quarterly performance records

SCOTTSDALE, Ariz.--(BUSINESS WIRE)-- SmartRent, Inc. (NYSE: SMRT) (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 quarter ended March 31, 2022.

SmartRent completed a productive first quarter focused on execution of prior Units Booked while also advancing our market leadership in enterprise smart building solutions. We achieved record revenue, deployed over 51,000 new units, added 41 new customers to... More