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. (Nasdaq: MTTR) and Vacasa, Inc. (Nasdaq: VCSA) announced a new multi-year partnership to leverage Matterport’s Digital Twin Platform and Capture Services. Vacasa will expand its use of Matterport’s Digital Twin Platform as an integral part of its home onboarding and guest service experiences for the tens of thousands of properties Vacasa manages. Matterport’s full-stack digital twin solutions will enable Vacasa to more efficiently and effectively capture, document and promote its listings, delivering a consistent showcase experience across Vacasa’s rentals through a single capture appointment.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.26%
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Rhea-AI Summary
Matterport, Inc. (Nasdaq: MTTR) to Participate in Investor Conferences
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.58%
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Rhea-AI Summary
Matterport, Inc. (Nasdaq: MTTR) Chairman and CEO, RJ Pittman, recognized in Inman's 2023 Best of Proptech Awards for the company's central role in shifting the real estate industry online. Matterport's digital twins have reshaped how people buy, sell, rent, and manage their properties digitally, providing unprecedented property insights for better home valuation data and decision-making information. RJ Pittman stated that Matterport has been a catalyst in pushing the real estate sector toward digitization, reflecting the collective impact of the entire team in accelerating this transformation.
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Rhea-AI Sentiment
End-of-Day
0.37%
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Matterport, Inc. (Nasdaq: MTTR) and Belden Inc. (NYSE: BDC) have announced a partnership to deliver 3D digital twin-powered connectivity solutions for facilities management across industrial automation, smart buildings, broadband, and more. This collaboration aims to support businesses worldwide in their Connected Worker initiatives and improve physical environment management across asset performance, production monitoring, and sustainable manufacturing. Matterport's 3D digital twin platform will be integrated into Belden's edge-to-cloud solution stack, enhancing visualization, spatial data, and developer tools for secure data acquisition, transmission, orchestration, and management services. The partnership will also involve collaboration with Amazon Web Services (AWS) to develop new solutions for operational transformation efforts.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
10.66%
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News
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Matterport, Inc. (Nasdaq: MTTR) announced a new CAD file add-on that will allow the creation of editable CAD drawings directly from Matterport digital twins, reducing design and documentation time. The add-on will include .DWG CAD format, .DXF, PDF, RCS Point Cloud File, and CTB file of plot styles for CAD.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
25.94%
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Rhea-AI Summary
Matterport, Inc. announced its Q3 financial results, with subscription revenue reaching a record $22.9 million, up 20% YoY. Total revenue for the quarter was $40.6 million, exceeding the high end of guidance. The company reported a GAAP loss per share of $0.15 and a Non-GAAP loss per share of $0.04. Q3 cash used in operations improved by 62% YoY. Matterport raised its 2023 revenue and Non-GAAP loss per share guidance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
25.94%
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Matterport, Inc. announces its support of Secured My Schools (SMS), a nonprofit dedicated to enhancing the safety of educational facilities through innovative 3D digital twins. SMS uses Matterport digital twins to improve safety protocols and emergency response capabilities. They train high school students to create 3D models of their schools, identify vulnerabilities, and develop strategies. The digital twins provide essential information for first responders, improving safety and response times.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.94%
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Rhea-AI Summary
Matterport, Inc. responds to the 'Sitzer/Burnett' verdict for real estate brokerage commissions, highlighting the stability of the compensation model in the U.S. real estate industry. The company emphasizes its role in driving digital innovation with 3D virtual tours that enhance the home buying journey. Matterport aims to be a valuable ally and tool for agents, brokers, buyers, and sellers, catering to the expectations of today's digital-first home buyers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.94%
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Rhea-AI Summary
Matterport's Property Intelligence, an AI solution for analyzing real estate properties, has been named the Best SaaS Product for Real Estate & Property Management by the International SaaS Awards. It revolutionizes property assessments, providing a fast and scalable solution. Matterport's AI generates reliable property insights and data, allowing home buyers to gain unprecedented insights and simplifying the buying and selling process for property marketers and managers. Last year, Matterport's Property Intelligence helped create a new category in Airbnb's Winter Release called Adapted, which features over 1,100 listings worldwide. In September, Matterport opened access to new features in its Property Intelligence offering, including automatic property measurements, room labels, 2D layouts, and property reports.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.15%
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Rhea-AI Summary
Matterport's Property Intelligence, an AI solution for property analysis, has been named the Best SaaS Product for Real Estate & Property Management by the International SaaS Awards. It revolutionizes property assessments by providing fast and reliable insights. Matterport also introduced new features in its Property Intelligence offering, including automated property measurements and reports.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.15%
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Matterport, Inc.
Nasdaq:MTTR
MTTR Rankings
MTTR Stock Data
1.25B
277.75M
1.98%
46.41%
2.87%
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