Get all your news in one place.
100's of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Adam Eckert

Why Matterport Stock Is Moving Higher After Hours

Matterport Inc (NASDAQ:MTTR) shares are trading higher in Tuesday's after-hours session after the spacial data company reported better-than-expected financial results.

Matterport said first-quarter revenue increased 6% year-over-year to $28.5 million, which beat the $27.47 million estimate, according to data from Benzinga Pro. The company reported an adjusted loss of 10 cents per share, which beat the estimate for a loss of 14 cents per share.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.