Matterport (NASDAQ:MTTR – Get Free Report) will be posting its quarterly earnings results after the market closes on Monday, May 6th. Analysts expect Matterport to post earnings of ($0.03) per share for the quarter. Persons interested in listening to the company’s earnings conference call can do so using this link.
Matterport (NASDAQ:MTTR – Get Free Report) last posted its quarterly earnings data on Tuesday, February 20th. The company reported ($0.14) EPS for the quarter, meeting the consensus estimate of ($0.14). Matterport had a negative net margin of 126.20% and a negative return on equity of 36.35%. The firm had revenue of $39.55 million during the quarter, compared to analyst estimates of $40.11 million. On average, analysts expect Matterport to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Matterport Stock Up 0.7 %
Shares of NASDAQ MTTR opened at $4.54 on Friday. The company has a market capitalization of $1.43 billion, a PE ratio of -6.88 and a beta of 1.11. The stock’s 50 day moving average price is $2.45 and its 200-day moving average price is $2.43. Matterport has a twelve month low of $1.73 and a twelve month high of $4.99.
Analyst Upgrades and Downgrades
Check Out Our Latest Stock Analysis on MTTR
Insider Activity
In other news, CFO James Daniel Fay sold 25,000 shares of the stock in a transaction dated Friday, March 1st. The shares were sold at an average price of $2.10, for a total value of $52,500.00. Following the sale, the chief financial officer now directly owns 1,404,944 shares of the company’s stock, valued at $2,950,382.40. The sale was disclosed in a legal filing with the SEC, which is available at this link. In other Matterport news, CFO James Daniel Fay sold 25,000 shares of the firm’s stock in a transaction on Friday, March 1st. The shares were sold at an average price of $2.10, for a total value of $52,500.00. Following the completion of the transaction, the chief financial officer now directly owns 1,404,944 shares of the company’s stock, valued at approximately $2,950,382.40. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CRO Jay Remley sold 13,261 shares of the business’s stock in a transaction on Wednesday, March 6th. The shares were sold at an average price of $1.94, for a total transaction of $25,726.34. Following the transaction, the executive now owns 1,038,563 shares of the company’s stock, valued at $2,014,812.22. The disclosure for this sale can be found here. Over the last three months, insiders sold 437,909 shares of company stock worth $942,572. 16.10% of the stock is owned by corporate insiders.
Matterport Company Profile
Matterport, Inc, a spatial data company, focuses on digitization and datafication in the United States and internationally. The company offers Matterport Capture Services, a fully managed solution for enterprise subscribers; Matterport Pro3, a 3D camera that scans properties; Matterport Pro2, a 3D camera that captures spaces; LEICA BLK360, a device to create digital twins; Smartphone Capture, a smartphone capture solution for both iOS and Android; and 360 Cameras.
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