Matterport, Inc. reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported revenue was USD 39.55 million compared to USD 41.14 million a year ago. Net loss was USD 43.95 million compared to USD 60.35 million a year ago. Basic loss per share from continuing operations was USD 0.14 compared to USD 0.21 a year ago.
For the full year, revenue was USD 157.75 million compared to USD 136.13 million a year ago. Net loss was USD 199.08 million compared to USD 111.34 million a year ago. Basic loss per share from continuing operations was USD 0.66 compared to USD 0.39 a year ago.