Matterport Q4 2023 GAAP EPS $(0.04), Inline, Sales $39.55M Miss $40.22M Estimate
Portfolio Pulse from Benzinga Newsdesk
Matterport (NASDAQ:MTTR) reported Q4 2023 earnings with a GAAP EPS of $(0.04), meeting analyst consensus. However, its sales of $39.55M fell short of the $40.22M estimate, marking a 1.69% miss and a 3.88% decrease from the previous year.
February 20, 2024 | 9:15 pm
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Matterport reported Q4 2023 earnings with a GAAP EPS of $(0.04), in line with estimates, but sales of $39.55M missed the $40.22M estimate, a 1.69% miss and a 3.88% YOY decrease.
Matterport's in-line EPS shows stability, but the sales miss and year-over-year decrease could concern investors, potentially leading to a short-term negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100