
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.