Why SmartRent Shares Are Down Today
Why SmartRent Shares Are Down Today
SmartRent (NYSE:SMRT) shares are trading lower after the company reported worse-than-expected fourth-quarter earnings and issued soft revenue guidance for first-quarter and FY24.
SmartRent(纽约证券交易所代码:SMRT)的股价走低,此前该公司公布的第四季度收益低于预期,并发布了第一季度和24财年的软收入指导。
Revenue rose 49% Y/Y to $60.25 million, beating the consensus of $59.50 million. SaaS revenue increased 43% Y/Y to $11.6 million in the quarter.
收入同比增长49%,至6,025万美元,超过了市场预期的5,950万美元。本季度SaaS收入同比增长43%,达到1160万美元。
As of the end of the year, Units Deployed stood at 719,691. ARR Booked in the quarter exceeded $5 million for the second consecutive quarter and Net Revenue Retention for the year was 105%.
截至年底,部署的单位为719,691人。该季度的ARR连续第二个季度超过500万美元,该年度的净收入保留率为105%。
Adjusted EBITDA stood at $0.7 million, the first period of generating a positive Adjusted EBITDA versus a loss of $(14.1) million in the quarter.
调整后的息税折旧摊销前利润为70万美元,这是调整后息税折旧摊销前利润为正的第一个时期,而本季度亏损为1,410万美元。
EPS of $(0.02) missed the consensus of $(0.01).
每股收益(0.02)未达到共识(0.01)美元。
As of Dec. 31, 2023, cash, cash equivalents and restricted cash stood at $215.7 million, with no debt and an undrawn credit facility of $75 million.
截至2023年12月31日,现金、现金等价物和限制性现金为2.157亿美元,无债务,未提取信贷额度为7,500万美元。
"We are proud to mark this milestone and look forward to continuing to develop innovative solutions to strengthen our market-leading position as the smart communities and operations provider to the rental housing industry," SmartRent CEO Lucas Haldeman said.
SmartRent首席执行官卢卡斯·霍尔德曼说:“我们很自豪能够纪念这一里程碑,并期待继续开发创新的解决方案,以巩固我们作为租赁住房行业智能社区和运营提供商的市场领先地位。”
"In 2024, this includes investing in scaling our Community WiFi capabilities to take advantage of the early-stage multi-billion dollar market opportunity and complement our existing product offerings."
“在2024年,这包括投资扩大我们的社区WiFi能力,以利用早期阶段数十亿美元的市场机会,补充我们现有的产品供应。”
Buyback: The company announced a $50 million stock repurchase program.
回购:该公司宣布了一项5000万美元的股票回购计划。
Outlook: For the first quarter, SmartRent expects revenue of $47 million-$53 million (versus estimate of $64.92 million) and adjusted EBITDA of $(1) million to positive $250 thousand.
展望:SmartRent预计第一季度收入为4700万至5,300万美元(估计为6,492万美元),调整后的息税折旧摊销前利润为正25万美元(100)万美元至正25万美元。
For FY24, the company projects revenue of $260 million-$290 million (versus estimate of $289.256 million) and adjusted EBITDA of $5 million to $8 million.
该公司预计24财年的收入为2.6亿至2.9亿美元(而估计为2.89256亿美元),调整后的息税折旧摊销前利润为500万至800万美元。
SMRT Price Action: SmartRent shares are down 4.84% at $2.75 on the last check Tuesday.
SMRT价格走势:周二的最后一次支票中,SmartRent股价下跌4.84%,至2.75美元。
Photo: Shutterstock
照片:Shutterstock