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

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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