SMRT - SmartRent GAAP EPS of -$0.12 revenue of $37.36M
SmartRent press release (NASDAQ:SMRT): Q1 GAAP EPS of -$0.12. Revenue of $37.36M (+95.0% Y/Y). Increased Units Deployed to 51,196, up 58% year-over-year. Adjusted EBITDA of $(23.1) million as compared to $(8.4) million for the first quarter of 2021. Increased Units Booked to 91,482 and Bookings to $72.0 million, up 101% and 122% year-over-year, respectively, FY 2022 Guidance: Total Revenue of $220 to $250 million. Adjusted EBITDA of $(50) to $(35) million. Units Deployed of 280,000 to 320,000. Q2 Guidance: Total Revenue of $47 to $55 million. Units Deployed of 64,000 to 75,000.
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SmartRent GAAP EPS of -$0.12, revenue of $37.36M