SmartRent, Inc. Provides Earnings Guidance for the First Quarter and Full Year of 2024
March 05, 2024 at 08:00 am EST
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SmartRent, Inc. provided earnings guidance for the first quarter and full year of 2024. For the quarter, the company expects total revenue to be in the range of $47 million to $53 million.
For the full year, the company expects total revenue to be in the range of $260 million to $290 million.
SmartRent, Inc. is a provider of smart home and smart property solutions for the multifamily industry. The Company's platform, comprised of smart hardware and cloud-based software-as-a-service solutions, gives operators visibility and control over real estate assets empowering them to simplify operations, automate workflows and deliver site team and resident experiences. Through a Hub Device, the Company enables the integration of its platform with third-party smart devices, its own hardware devices and other technology interfaces. It uses an open-architecture, brand-agnostic approach that allows owners, operators, and residents to manage their smart home systems through a single connected interface. Its solutions include smart apartments and homes, access control for buildings, common areas, and rental units, asset protection and monitoring, parking management, self-guided tours, and community and resident WiFi. It provides customers with training, installation and support services.
SMARTRENT, INC. 
