Real Estate News

Matterport Announces Second Quarter 2023 Financial Results

Q2 total revenue of $39.6 million, up 39% year-over-year, at high end of guidance range Q2 subscription revenue reached record $20.9 million, at high end of guidance range Q2 GAAP loss per share of $0.19 and Non-GAAP loss per share of $0.07, at high end of guidance rangeCompany raises 2023 Non-GAAP loss per share guidanceAccelerates operational cash flow profitability target to 2024

SUNNYVALE, Calif.

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