Matterport Stock Falls After Q4 Sales Miss, Weak Guidance



Matterport Inc (NASDAQ:MTTR) shares are slipping after the company reported its fourth-quarter financial results after the bell Tuesday. Here’s a look at the details.

The Details: Matterport reported quarterly losses of 4 cents per share which met the analyst consensus estimate.

The company reported quarterly sales of $39.55 million which missed the analyst consensus estimate of $40.22 million by 1.69% and represents a 3.88% decrease over sales of $41.14 million year-over-year.

“We closed 2023 on a high note with fourth quarter total revenue …

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