Matterport, Inc. (MTTR) Tops Q4 EPS by 1c, Offers Guidance

Go back to Matterport, Inc. (MTTR) Tops Q4 EPS by 1c, Offers Guidance

Matterport Announces Record Fourth Quarter And Full Year 2022 Financial Results

February 22, 2023 4:05 PM EST

Q4 total revenue rose to a record $41.1 million, above Company guidanceQ4 subscription revenue rose to a record $19.3 million, above Company guidance Q4 product revenue rose to a record $13.6 million, up 51% sequentially from the prior quarterQ4 GAAP loss per share of $0.21 and Non-GAAP loss per share of $0.09, at the high end of the Companys guidance range2022 annual revenue rose to a record $136.1 million, up 22% from 2021Balance sheet remains strong with $477 million in cash and investments and no debt

SUNNYVALE, Calif., Feb. 22, 2023 (GLOBE NEWSWIRE) --... More