Matterport reports Q4 EPS (9c), consensus (10c)

Reports Q4 revenue $41.1M, consensus $39.7M. Reports total subscribers increased to 701,000, up 39% year-over-year. Spaces Under Management increased to 9.2 million, up 37% year-over-year. "We delivered record revenue again in the fourth quarter, as our subscriber base continued to grow and our spaces under management exceeded 9 million. 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," said RJ Pittman, Chairman and CEO of Matterport.