MATTERPORT INC. overview

Record total revenue of $43.8 million, up 8% year-over-year Q3 annualized recurring revenue crosses $100 million milestone, up 11% year-over-year Net loss improved 14% year-over-year; Non-GAAP net loss improved 80% year-over-year Total subscribers grew to 1.1 million, up 25% year-over-year Square feet under management reached 47.3 billion, up 34% from prior year SUNNYVALE, Calif., Nov. 12, 2024 (GLOBE NEWSWIRE) -- Matterport, Inc. (Nasdaq: MTTR) (“Matterport” or the “Company”), the...

SUNNYVALE, Calif., Oct. 01, 2024 (GLOBE NEWSWIRE) -- Matterport, Inc., today unveiled a groundbreaking suite of new tools designed to reshape the way professionals design, build, and market properties. Through the power of generative AI, Matterport users can now easily reimagine the potential of any space, transforming digital twins from static replicas into dynamic canvases for creativity. “Our Fall 2024 Release empowers users to unlock the full potential of Matterport,” said RJ Pittman,...

Annualized Recurring Revenue hits record $96.6 million, up 16% year-over-year Cash used in operating activities for the first half of 2024 improved 64% year-over-year Total subscribers grew to 1.06 million, up 28% year-over-year Square feet under management reached 44.0 billion, up 33% from prior year SUNNYVALE, Calif., Aug. 06, 2024 (GLOBE NEWSWIRE) -- Matterport, Inc. (Nasdaq: MTTR) (“Matterport” or the “Company”), the leading spatial data company driving the digital transformation of...

SUNNYVALE, Calif., Aug. 06, 2024 (GLOBE NEWSWIRE) -- Matterport, Inc. (Nasdaq: MTTR) has released its third Environmental, Social, and Governance Report which, for the first time, sets ambitious targets for the company’s top ESG priorities, including reducing emissions and fostering gender equality in the workplace. In addition to these new commitments, the new report also showcases the company’s success helping its more than one million subscribers reduce their own carbon emissions by using...

SUNNYVALE, Calif., July 29, 2024 (GLOBE NEWSWIRE) -- Matterport, Inc. (Nasdaq: MTTR), the leading spatial data company driving the digital transformation of the built world, today announced that it will release its fiscal 2024 second quarter financial results on Tuesday, August 6, 2024, after market close. Given the pending acquisition of Matterport by CoStar Group, Inc. that was announced on April 22, 2024, Matterport will not be holding a conference call or live webcast to discuss...

SUNNYVALE, Calif., July 11, 2024 (GLOBE NEWSWIRE) -- Matterport, Inc. (Nasdaq: MTTR) announced today that it has achieved Amazon Web Services (AWS) IoT Competency status. This designation underscores Matterport's pivotal role and expertise in innovative Internet of Things (IoT) technologies, empowering customers to leverage AWS for IoT and achieve their cloud transformation goals. Achieving the AWS IoT Competency differentiates Matterport as an AWS Partner Network (APN) member, providing...

SUNNYVALE, Calif., June 27, 2024 (GLOBE NEWSWIRE) -- Matterport, Inc. (Nasdaq: MTTR), announced its partnership with FBS , the leading innovator of Multiple Listing Service (MLS) technology and owner of the Flexmls platform. FBS represents more than 320,000+ real estate professionals across the US and offers a comprehensive real estate technology platform that includes the Flexmls ® system . Flexmls is a powerful MLS platform designed to provide real estate professionals with access to property...

SUNNYVALE, Calif., May 15, 2024 (GLOBE NEWSWIRE) -- Matterport, Inc. (Nasdaq: MTTR), announced the launch of avoided emissions reporting for select enterprise customers, measuring the emissions savings associated with the use of Matterport’s digital twin platform. Developed with independent carbon accounting experts, the reports enable enterprise customers to understand the impact of emissions avoided by collaborating remotely instead of traveling to inspect facilities onsite. There has been a...