Matterport Announces Record Fourth Quarter And Full Year 2022 Financial Results
- Q4 total revenue rose to a record $41.1 million, above Company guidance
- Q4 subscription revenue rose to a record $19.3 million, above Company guidance
- Q4 product revenue rose to a record $13.6 million, up 51% sequentially from the prior quarter
- 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
- 2022 annual revenue rose to a record $136.1 million, up 22% from 2021
- Balance sheet remains strong with $477 million in cash and investments and no debt