Digital twin creator Matterport introduced a new lineup of property marketing features to enrich its appeal as a more accessible resource for listing agents and brokers, including a de-furnishing tool and an artificial intelligence listing description … Continue reading
The former sales executive filed a lawsuit in California alleging “she was pushed out of the company because she raised concerns about illegal and unethical practices.” Continue reading
Total revenue grew to $42.2 million during the second quarter of 2024, up from $39.6 million the previous year, as the company worked to increase its market share. Continue reading
William Brown, who served as CEO of the company though 2018, is entitled to damages after Matterport prevented him from selling all of his shares when the company went public in 2021. Continue reading
The company said it expects to grow total revenue 19 percent to 22 percent this year as it continues its expansion as an industry leader. Continue reading
The feature is in beta mode and, upon formal rollout, will allow agents instant access to room dimensions and total square footage by room and floor, according to an announcement Tuesday. Continue reading
On a quarterly earnings call Tuesday, Matterport told shareholders, analysts and media attendees that total revenue for the first quarter of 2023 was $38 million, a 33 percent increase from quarter one last year.
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Matterport earned $136.1 million in 2022, which wasn’t enough to offset $26.5 million in losses for the final three months of 2022 and $116.6 million for the year, according to the company’s latest earnings release on Wednesday. That was more than doub… Continue reading
The virtual tour software company posted $38 million in revenue, up from $28.4 million in Q2, while avoiding headwinds that have ensnared others in the real estate space, according to earnings on Thursday. Continue reading
Company says purchase will help it “expand further into the real estate industry,” as it specializes in providing brokers and agents with high-quality photography and other marketing services. Continue reading