Welcome to our dedicated page for Smartrent news (Ticker: SMRT), a resource for investors and traders seeking the latest updates and insights on Smartrent stock.
SmartRent Inc (SMRT) delivers smart home and building solutions that transform property management through IoT technology. This news hub provides investors and industry professionals with essential updates about the company’s strategic developments.
Access real-time announcements including earnings reports, product innovations, and partnership agreements. Our curated collection ensures you stay informed about operational milestones and market positioning in the proptech sector.
Key updates cover platform enhancements, financial performance, and leadership decisions. Bookmark this page for immediate access to press releases and objective analyses that matter to stakeholders.
SmartRent, Inc. (NYSE: SMRT) will release its first quarter 2023 financial results on May 10, 2023, after market close. A conference call with CEO Lucas Haldeman and CFO Hiroshi Okamoto is scheduled for 4:30 p.m. ET to discuss the results. Participants can register for the call through the company’s investor relations website, where the press release and additional materials will also be available. SmartRent, founded in 2017, specializes in smart home and property solutions, serving 15 of the top 20 multifamily owners and operators. The company's platform streamlines operations, automates workflows, and enhances user experiences, enabling millions to live smarter.
SmartRent, Inc. (NYSE: SMRT) reported a 52% increase in revenue for the full year 2022, totaling $167.8 million. Q4 revenue also rose by 17% year-over-year to $40.6 million. SaaS revenue skyrocketed by 205% in Q4, reaching $8.1 million, and 251% for the year at $27.8 million. However, the company faced a net loss of $(21.4) million in Q4 and $(96.3) million for the year. Despite this, cash reserves stood at $218 million. The company forecasts total revenue between $225 million and $250 million for 2023, aiming for improved adjusted EBITDA.
SmartRent, Inc. (NYSE: SMRT), a leading provider of smart home solutions, announced its participation in the Morgan Stanley Technology, Media & Telecom Conference on March 9, 2023, at The Palace Hotel in San Francisco, CA. CEO Lucas Haldeman will engage in a fireside chat at 11:55 a.m. PT. Investors can access a live webcast and replay via SmartRent's Investor Relations website. The company, founded in 2017, serves 15 of the top 20 multifamily property owners.
FAQ
What is the current stock price of Smartrent (SMRT)?
What is the market cap of Smartrent (SMRT)?
