Matterport, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2024
November 12, 2024 at 05:06 pm EST
Matterport, Inc. reported earnings results for the third quarter and nine months ended September 30, 2024. For the third quarter, the company reported revenue was USD 43.79 million compared to USD 40.64 million a year ago. Net loss was USD 38.4 million compared to USD 44.75 million a year ago. Basic loss per share from continuing operations was USD 0.12 compared to USD 0.15 a year ago.
For the nine months, revenue was USD 125.88 million compared to USD 118.2 million a year ago. Net loss was USD 216.12 million compared to USD 155.13 million a year ago. Basic loss per share from continuing operations was USD 0.68 compared to USD 0.52 a year ago.