Question of the Day: Have you/will you buy stock in Matterport (MTTR)?14189
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MeshImages private msg quote post Address this user | |
Quote:Originally Posted by DanSmigrod If I look at the MarketScreener analysis of MTTR I cannot find these 500 Million in case. And I doubt that these forecasts can be met in the current market situation. This will probably not be a friendly investors call today for the management at MTTR.  |
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 WGAN ForumFounder & WGAN-TV Podcast Host Atlanta, Georgia |
DanSmigrod private msg quote post Address this user | |
| @MeshImages Matterport has $495 million in cash, according to the Matterport media release today (Thursday, 10 November 2022): => Matterport Announces Record Third Quarter 2022 Financial Results Dan |
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 WGAN FanClub Member Queensland, Australia |
Wingman private msg quote post Address this user | |
Quote:Originally Posted by DanSmigrod I use only technical analysis of their graph so their financial results does not matter for predictions. I can add that it can easily go to to about $3.6 before it goes down to $1.3 The analysis cannot predict it bouncing back. However if it happens and it goes to $3.6 then stops there, turns around and goes down again a chance that it will fall to $1.3 will be more possible. |
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WGAN Forum Founder & WGAN-TV Podcast Host Atlanta, Georgia |
DanSmigrod private msg quote post Address this user | |
| Seeking Alpha (13 November 2022) Matterport: Still Too Early to Chase Includes an interesting discussion about the cash on Matterport's balance sheet. Best, Dan |
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WGAN Forum Founder & WGAN-TV Podcast Host Atlanta, Georgia |
DanSmigrod private msg quote post Address this user | |
| The Motley Fool (16 November 2022) Is Matterport Stock a Buy Now? | ||
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WGAN Forum Founder & WGAN-TV Podcast Host Atlanta, Georgia |
DanSmigrod private msg quote post Address this user | |
| Matterport Media Release (15 November 2022) Matterport to Participate in Upcoming Investor Conferences | ||
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WGAN Forum Founder & WGAN-TV Podcast Host Atlanta, Georgia |
DanSmigrod private msg quote post Address this user | |
| Video: MTTR Stock is Your Next Visit - Is Matterport Stock A BUY? | Video courtesy of Business of Life - Investing YouTube Channel | 16 November 2022 Author's discussion includes cash on the balance sheet and market cap. |
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WGAN Forum Founder & WGAN-TV Podcast Host Atlanta, Georgia |
DanSmigrod private msg quote post Address this user | |
| Seeking Alpha (28 November 2022) Matterport: Record Metaverse Growth, But Cash Burn Is Growing | ||
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WGAN Forum Founder & WGAN-TV Podcast Host Atlanta, Georgia |
DanSmigrod private msg quote post Address this user | |
| Video: Matterport Q3 Earnings Surprised Me | Video courtesy of Brian Feroldi YouTube Channel | After 3Q22 Earnings Call | ||
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WGAN Forum Founder & WGAN-TV Podcast Host Atlanta, Georgia |
DanSmigrod private msg quote post Address this user | |
| MarketBeat (5 December 2022) Matterport, Inc. (NASDAQ:MTTR) CRO Jay Remley Sells 54,076 Shares Matterport, Inc. (NASDAQ:MTTR - Get Rating) CRO Jay Remley sold 54,076 shares of the business's stock in a transaction dated Friday, December 2nd. The shares were sold at an average price of $3.08, for a total transaction of $166,554.08. Following the completion of the transaction, the executive now owns 538,461 shares in the company, valued at $1,658,459.88. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Source: MarketBeat |
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WGAN Forum Founder & WGAN-TV Podcast Host Atlanta, Georgia |
DanSmigrod private msg quote post Address this user | |
| MarketBeat (19 December 2022) Matterport (NASDAQ:MTTR) Price Target Cut to $3.00 | ||
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WGAN Forum Founder & WGAN-TV Podcast Host Atlanta, Georgia |
DanSmigrod private msg quote post Address this user | |
| Simply Wall Street (20 December 2022) Matterport's Market Cap Dips US$89m, Insiders Who Sold Offset Some Losses | ||
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WGAN Forum Founder & WGAN-TV Podcast Host Atlanta, Georgia |
DanSmigrod private msg quote post Address this user | |
| Investor Observer (21 December 2022) Matterport Inc (MTTR) stock has fallen -88.62% over the last 12 months | ||
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WGAN Forum Founder & WGAN-TV Podcast Host Atlanta, Georgia |
DanSmigrod private msg quote post Address this user | |
| Yahoo! Finance (23 December 2022) Matterport (NASDAQ:MTTR shareholders incur further losses as stock declines 7.5% this week, taking one-year losses to 89% | ||
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WGAN Forum Founder & WGAN-TV Podcast Host Atlanta, Georgia |
DanSmigrod private msg quote post Address this user | |
| (January 17, 2023) Investors who lost money with shares of Matterport, Inc. (NASDAQ: MTTR) should contact the Shareholders Foundation | ||
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WGAN Forum Founder & WGAN-TV Podcast Host Atlanta, Georgia |
DanSmigrod private msg quote post Address this user | |
| Globe Newswire (14 January 2023) (SPAC) Special Purpose Acquisition Investigation: IONQ, LVOX, MTTR, MIR, Contact Shareholder Rights Law Firm Johnson Fistel | ||
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WGAN Forum Founder & WGAN-TV Podcast Host Atlanta, Georgia |
DanSmigrod private msg quote post Address this user | |
| MarketScreener (23 January 2023) Deutsche Bank Downgrades Matterport to Hold From Buy, Adjusts Price Target to $3 From $5 | ||
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WGAN Forum Founder & WGAN-TV Podcast Host Atlanta, Georgia |
DanSmigrod private msg quote post Address this user | |
| MarketBeat (27 January 2023) Royce & Associates LP Invests $568,000 in Matterport, Inc. (NASDAQ:MTTR) MarketBeat (29 January 2023) SG Americas Securities LLC Sells 303,418 Shares of Matterport, Inc. (NASDAQ:MTTR) |
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WGAN Forum Founder & WGAN-TV Podcast Host Atlanta, Georgia |
DanSmigrod private msg quote post Address this user | |
| PR Newswire (7 February 2023) SHAREHOLDER ALERT: Purcell & Lefkowitz LLP Is Investigating Matterport, Inc. for Potential Breaches of Fiduciary Duty By Its Board of Directors | ||
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WGAN Forum Founder & WGAN-TV Podcast Host Atlanta, Georgia |
DanSmigrod private msg quote post Address this user | |
| Video: Introduction to Matterport! MTTR! | Video courtesy of Premier Investing YouTube Channel | 14 February 2023 | ||
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WGAN Forum Founder & WGAN-TV Podcast Host Atlanta, Georgia |
DanSmigrod private msg quote post Address this user | |
| Matterport Media Release --- PDF Version ---  Source: Matterport February 22, 2023 | Fourth Quarter 2022 Financial Results  Source: Matterport February 22, 2023 | Fourth Quarter 2022 Financial Results  Source: Matterport February 22, 2023 | Fourth Quarter 2022 Financial Results  Source: Matterport February 22, 2023 | Fourth Quarter 2022 Financial Results Video: Matterport Announces Record Fourth Quarter And Full Year 2022 Financial Results | #mttr | Video courtesy of WGAN-TV YouTube Channel WGAN Forum Podcast | Episode Number: 170 Matterport Announces Record Fourth Quarter And Full Year 2022 Financial Results 1. Q4 total revenue rose to a record $41.1 million, above Company guidance 2. Q4 subscription revenue rose to a record $19.3 million, above Company guidance 3. Q4 product revenue rose to a record $13.6 million, up 51% sequentially from the prior quarter 4. Q4 GAAP loss per share of $0.21 and Non-GAAP loss per share of $0.09, at the high end of the Company’s guidance range 5. 2022 annual revenue rose to a record $136.1 million, up 22% from 2021 6. Balance sheet remains strong with $477 million in cash and investments and no debt SUNNYVALE, California, Wednesday, February. 22, 2023 (GLOBE NEWSWIRE) -- Matterport, Inc. (Nasdaq: MTTR) (“Matterport” or the “Company”), the leading spatial data company driving the digital transformation of the built world, today announced record financial results for the quarter and year ended December 31, 2022. “We delivered record revenue again in the fourth quarter, as our subscriber base continued to grow and our spaces under management exceeded 9 million,” said RJ Pittman, Chairman and Chief Executive Officer of Matterport. “Enterprise demand remains robust as customers across many verticals, such as manufacturing, AEC, and travel and hospitality, are increasingly turning to Matterport’s digital twins for remote facilities management, saving companies measurable travel time and money while boosting productivity. As our digital twin platform ecosystem continues to grow, customers investing in our powerful add-ons will gain more insights and value from their facilities, storefronts, real estate, and office spaces.“ “Our record total revenue for the fourth quarter and year, combined with the actions we have taken to control costs, are yielding significant benefits to our bottom line,” said JD Fay, Chief Financial Officer of Matterport. “Subscription revenue reached $19.3 million, a new record, and we demonstrated broad-based adoption of our solution with subscribers exceeding the 700,000 milestone. At the same time, our disciplined approach to managing operating expenses enabled us to deliver a non-GAAP loss per share of $0.09 in the fourth quarter, at the high-end of our guidance range. I believe the momentum we saw in the second half of 2022 is carrying through to 2023 and sets the stage for another record-breaking year.” Fourth Quarter Financial Highlights 1. Total subscribers increased to 701,000, up 39% year-over-year 2. Spaces Under Management (SUM) increased to 9.2 million, up 37% year-over-year 3. Total revenue was $41.1 million, up 52% year-over-year 4. Subscription revenue was $19.3 million, up 17% year-over-year 5. Product revenue was $13.6 million, up 107% year-over-year 6. Services revenue was $8.3 million, up 122% year-over-year 7. Annualized Recurring Revenue (ARR) exiting the fourth quarter was $77.2 million 8. Non-GAAP net loss was $0.09 per share Recent Business Highlights 1. Announced that Airbnb is using Matterport’s Property Intelligence offering to analyze and verify a collection of Airbnb homes to ensure they met accessibility standards for guests with mobility needs, as part of its “Adapted” short-term rental category. Property Intelligence, currently being piloted by select customers, opens a universe of new opportunities for customers to leverage analytics to grow their businesses with reliable and highly accurate insights 2. Unveiled private beta integration with AWS IoT TwinMaker to enable enterprise customers to seamlessly connect IoT data into visually immersive and dimensionally accurate Matterport digital twins 3. Announced that John Deere selected Matterport’s Digital Twin Platform and 3D capture technology to build a virtual Operations Center for remote management of over 60 facilities across North America, Europe and India 4. Announced collaborations with two leading art and design organizations, Design Miami/ and the Miami Design District. Using the new Pro3 3D camera, Matterport captured and produced immersive digital twins that allow visitors to partake virtually in this year’s Design Miami/ fair and the Miami Design District’s Annual Neighborhood Commission First Quarter and Full Year 2023 Outlook The Company is providing the following financial guidance for the first quarter and full year 2023. The Company believes that 2023 can be another strong growth year while continuing to drive toward profitability. This guidance will be discussed in greater detail on today’s conference call.  Matterport is not able to provide a reconciliation of non-GAAP loss per share to GAAP loss per share because Matterport does not provide specific guidance for the various exclusions adjusted from net loss. These items have not yet occurred, are out of Matterport’s control and/or cannot be reasonably predicted. As a result, reconciliation of the non-GAAP guidance measures to GAAP is not available without unreasonable effort, and Matterport is unable to address the probable significance of the unavailable information. Conference Call Information Matterport will host a conference call for analysts and investors to discuss its financial results for the fourth quarter and full year 2022 today, February 22, 2023, at 1:30 p.m. Pacific time (4:30 p.m. Eastern time). A recorded webcast of the event will also be available following the call for one year on Matterport’s Investor Relations website at investors.matterport.com. The dial-in number will be (412) 902-4209, conference ID: 10174925. The financial results press release and a live webcast of the conference call will be accessible from the Matterport website at investors.matterport.com. An audio webcast replay of the conference call will also be available for one year at investors.matterport.com. About Matterport Matterport, Inc. (Nasdaq: MTTR) is leading the digital transformation of the built world. Our groundbreaking spatial data platform turns buildings into data to make nearly every space more valuable and accessible. Millions of buildings in more than 177 countries have been transformed into immersive Matterport digital twins to improve every part of the building lifecycle from planning, construction, and operations to documentation, appraisal and marketing. Learn more at matterport.com and browse a gallery of digital twins. ©2023 Matterport, Inc. All rights reserved. Matterport is a registered trademark and the Matterport logo is a trademark of Matterport, Inc. All other marks are the property of their respective owners.      Source: Matterport February 22, 2023 | Fourth Quarter 2022 Financial Results  Source: Matterport February 22, 2023 | Fourth Quarter 2022 Financial Results --- Source: Matterport |
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WGAN Forum Founder & WGAN-TV Podcast Host Atlanta, Georgia |
DanSmigrod private msg quote post Address this user | |
| Matterport 10K | 28 February 2023 | ||
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WGAN Forum Founder & WGAN-TV Podcast Host Atlanta, Georgia |
DanSmigrod private msg quote post Address this user | |
| Simply Wall Street (8 March 2023) Don't Ignore The Fact That This Insider Just Sold Some Shares In Matterport, Inc. (NASDAQ:MTTR) | ||
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WGAN Forum Founder & WGAN-TV Podcast Host Atlanta, Georgia |
DanSmigrod private msg quote post Address this user | |
| Matterport (7 March 2023) Morgan Stanley Technology, Media & Telecom Conference (audio) | ||
| Post 399 • IP flag post | ||
 WGAN FanClub Member Buffalo, New York |
GETMYVR private msg quote post Address this user | |
| As a Matterport stock investor I must say that I'm severely disappointed in the performance of this stock. My money could have been used better elsewhere. As a grunt on the ground who is really shooting matterport 3D, that's where I know any value exists. | ||
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bwest360 private msg quote post Address this user | |
| We are living in a new, high interest rate environment. This stock will likely go to $2 (fair value) and then get acquired my a large, tech company like Meta or Nvidia. | ||
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WGAN Forum Founder & WGAN-TV Podcast Host Atlanta, Georgia |
DanSmigrod private msg quote post Address this user | |
 Matterport eBlast on Wednesday, 15 March 2023 (after market closed) |
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WGAN Fan Club Member Buffalo, New York |
GETMYVR private msg quote post Address this user | |
| At this point with all the banking news - I predict not-so-good things & jump in the gold price unless the major central banks plan on devaluing that too. Just when the world looked like it had its [redacted] together, not really. Matterport seems happy in recent stock & company articles and loaded with cash. Too bad it forgot about its investors, the people who gave it the cash! | ||
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WGAN Forum Founder & WGAN-TV Podcast Host Atlanta, Georgia |
DanSmigrod private msg quote post Address this user | |
| Video: Is Matterport Stock a Buy Or Sell Now? | Video courtesy of Riiv Investing by Travis Hoium YouTube Channel | 20 April 2023 | ||
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