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Recap: Matterport Q4 Earnings

Benzinga ·  Feb 20 16:20

Matterport (NASDAQ:MTTR) reported its Q4 earnings results on Tuesday, February 20, 2024 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

Matterport reported in-line EPS of $-0.04 versus an estimate of $-0.04.

Revenue was down $1.60 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.02 which was followed by a 25.94% increase in the share price the next day.

Here's a look at Matterport's past performance:

QuarterQ3 2023Q2 2023Q1 2023Q4 2022
EPS Estimate-0.06-0.08-0.10-0.10
EPS Actual-0.04-0.07-0.07-0.09
Revenue Estimate39.13M39.26M35.14M39.70M
Revenue Actual40.64M39.57M37.99M41.14M

To track all earnings releases for Matterport visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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