Welcome to our dedicated page for Matterport news (Ticker: $MTTR), a resource for investors and traders seeking the latest updates and insights on Matterport stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Matterport's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Matterport's position in the market.
Rhea-AI Summary
Matterport, Inc. announced a partnership with Visiting Media, a global leader in immersive sales enablement and channel distribution solutions for the hospitality sector. This partnership aims to deepen the use of Matterport's Digital Twin Platform and Property Marketing solution for thousands of hotels around the world, ultimately improving sales and marketing capabilities. The agreement highlights the increasing importance of immersive technologies in the hospitality industry, with IDC analysts predicting that roughly 50% of travel and hospitality organizations will adopt digital twins by 2025. The worldwide hospitality industry, a $4.7 trillion market, is undergoing a paradigm shift, relying more on immersive technologies for marketing and management. The integration of Matterport's digital twins with Visiting Media's software aims to streamline access and distribution of marketing materials, empowering sales and revenue teams in the competitive hospitality sector.
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End-of-Day
0.86%
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Matterport, Inc. (Nasdaq: MTTR) has announced a partnership with Arcadus, making Arcadus the first value-added reseller of Matterport's Digital Twin Platform for the United States public sector. Arcadus will offer Matterport's three core solutions in Property Marketing, Design & Construction, and Facilities Management to federal, state, and local agencies. This partnership aims to revolutionize how public sector agencies assess, manage, and optimize their spaces with a Federally-compliant digital twin platform.
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End-of-Day
1.78%
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Matterport, Inc. (Nasdaq: MTTR) partner, VRPM, demonstrated how Matterport's Digital Twin Platform is being applied to virtual staging for interior design in the commercial real estate sector. VRPM, a leading virtual staging platform in the UK, has experienced a surge in demand for virtual staging and design solutions due to the impact of the COVID-19 pandemic. They use virtual staging within Matterport 3D digital twins to provide potential tenants an authentic sense of what it would be like to inhabit a space. VRPM aims to make these stages shoppable, allowing tenants to directly purchase the furniture and décor they see from the manufacturers. The accuracy of Matterport's digital twins has enabled VRPM to effectively support commercial properties and create a library of furniture and design choices, enabling tenants to visualize their future spaces tailored to their specific business needs.
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0.43%
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Matterport, Inc. (MTTR) will release its Q4 and full year 2023 financial results on February 20, 2024, after market close. A conference call will be held at 1:30 p.m. Pacific time to discuss the results. The press release and a live webcast will be accessible from the Matterport website at investors.matterport.com.
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Matterport, Inc. (Nasdaq: MTTR) has announced new high density scanning capabilities for its 3D camera, Pro3, to streamline workflows and accelerate project timelines. The software-enabled feature, now in beta, allows for the capture of over 5 million real depth points per scan, a sixfold increase from standard density scans. This innovation aims to make as-built modeling easier and more accessible, particularly for construction sites and commercial buildings. Customers can access the higher density data in the form of an E57 file, which can be imported to Autodesk Revit and other design and construction software.
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-2.58%
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The Ivy Collection (MTTR) partners with Matterport to enhance customer experience and streamline event planning with 3D digital twin technology
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-1.65%
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Matterport, Inc. (Nasdaq: MTTR) sponsors the 2023 Digital Twins Awards (DTAs) and celebrates the innovation within the global Matterport community. The company's Pro3 3D camera has accelerated the capture process, leading to a growth of over 35 billion square feet captured to-date, an increase of more than 9 billion square feet year-over-year.
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-2.03%
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Matterport, Inc. (Nasdaq: MTTR) released its second Environmental, Social, and Governance (ESG) report, highlighting the significant impact of its digital twin technology on emission avoidance and supply chain sustainability. The report showcases a 37% increase in total greenhouse gas emissions, but also outlines the avoidance of 756,952 tonnes of carbon emissions since 2021, and the company's efforts to improve its supply chain and reduce electronic waste. Matterport's remote-first workplace model has led to reduced direct emissions and increased productivity, while also earning the company several awards for its strong company culture.
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End-of-Day
-2.76%
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Matterport, Inc. (Nasdaq: MTTR) utilized its technology to create a 3D digital twin of the Krämerbrücke, the largest inhabited bridge in Europe, located in Erfurt, Germany. The digital twin encompasses over 30 shops and businesses within the 35,000 square foot bridge, offering a virtual exploration experience. The Matterport Pro3 camera, designed for large scans and outdoor settings, was instrumental in capturing the intricate details of the iconic bridge.
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-0.4%
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Matterport, Inc. (Nasdaq: MTTR) announced the University of Manchester's implementation of Matterport’s Digital Twin Platform for the Martin Harris Centre for Music and Drama. The platform's Facilities Management solution created a virtual onboarding and training tool for students, enhancing their understanding of the facilities and improving their overall experience.
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Matterport, Inc.
Nasdaq:MTTR
MTTR Rankings
MTTR Stock Data
1.39B
277.75M
1.98%
46.41%
2.87%
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United States of America
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About MTTR
Matterport is a developer of a 3D media platform used to establish 3D and virtual reality models.