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.
Matterport Inc (NASDAQ: MTTR), a leader in 3D digital twin technology, provides this dedicated news hub for investors and professionals tracking spatial data innovation. Access real-time updates on strategic developments shaping the future of property digitization and virtual experiences.
This resource aggregates official press releases, financial disclosures, and operational milestones, offering a comprehensive view of Matterport's progress in transforming real estate, construction, and facility management. Key updates include quarterly earnings reports, product launches for AI-powered capture devices, and partnerships with industry leaders in proptech.
Regular visitors will find curated information on:
• Financial performance and strategic investments
• Technology advancements in spatial computing
• Global expansion initiatives and market penetration
• Regulatory developments impacting digital twin adoption
Bookmark this page to monitor how Matterport's innovations in LiDAR scanning, automated property analytics, and immersive virtual tours continue redefining built environment management worldwide.
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Matterport, Inc. partners with KnowHow to provide comprehensive training solutions for restoration experts, empowering them to utilize Matterport's AI-driven digital twin technology effectively. Through this partnership, KnowHow offers training on operating Pro series cameras, capturing spaces, and documenting effectively to optimize the use of Matterport's Digital Twin Platform in restoration projects.
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Matterport, Inc. (MTTR) announces upgrades to the packaging and carrying case of its Pro3 camera to improve functionality and sustainability. The new design reduces shipping costs, carbon footprint, and enhances transport efficiency. The company aims to provide a more environmentally friendly and cost-effective solution for its customers and partners.
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RJ Pittman, CEO and Chairman of Matterport, Inc. (Nasdaq: MTTR), has been named to Inman's Power Players list for the second year. Matterport is revolutionizing the real estate industry by transforming buildings into data, with over 35 billion square feet digitally captured. The company's Winter 2024 Release introduced innovative products and services, including Property Intelligence powered by AI.
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Matterport, Inc. (MTTR) is participating in several investor events in February and March 2024, including the SHARE Series retail investor event, Wolfe Research Software Conference, Morgan Stanley Technology, Media & Telecom Conference, and Loop 2024 Investor Conference. The presentations will be webcast live and archived on Matterport's investor relations website.
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Matterport, Inc. (MTTR) announces Q4 financial results with record Annualized Recurring Revenue of $94.7 million, up 23% year-over-year. Net loss improved by 27% year-over-year, with Non-GAAP net loss improving by 55%. Q4 cash used in operating activities improved by 46%. Net Dollar Expansion rate reached 109%, the highest in two years. FY2023 saw a 34% increase in total subscribers and a 36% increase in square feet under management.
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Matterport, Inc. (MTTR) introduces Property Intelligence, a suite of AI-powered features enhancing property analytics for Marketing, Design, Construction, and Facilities Management.
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Matterport CEO RJ Pittman named to Silicon Valley Business Journal's Power 100 List for 2024, highlighting the importance of digital twin technology. The company's digital twin platform is gaining traction in various industries, with significant market growth projections.
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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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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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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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Matterport Inc
Nasdaq:MTTR
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MTTR Stock Data
1.76B
316.41M
3.41%
63.19%
2.55%
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