- Matterportpress release(NASDAQ:MTTR): Q4 Non-GAAP EPS of -$0.10 in-line.
- Revenue of $27.08M (+14.8% Y/Y)beats by $1.94M.
- Shares-11%.
- Totalsubscribersincreased 98% to 503,000 from year-ago period
- Annualized recurring revenue grew to $66 million
- Spaces Under Management grew to 6.7 million, up 54% compared to fourth quarter of 2020
the company expects continued growth in 2022, with total revenue between $125 and $135 million. Recurring subscription revenue is expected to be between $80 and $82 million, translating to 31% to 34% year-over-year growth.
For the first quarter, the company expects total revenue to be between $25.5 and $27.5 million vs. $31.86M consensus. Recurring subscription revenue is expected to be between $17.1 and $17.4 million, translating to 24% to 26% year-over-year growth.
