SMRT - SmartRent GAAP EPS of -$0.13 revenue of $45.5M

November, 10 2022 04:50 PM SmartRent Inc. Class A

SmartRent press release ( NYSE: SMRT ): Q3 GAAP EPS of -$0.13.
Revenue of $45.5M (+29.5% Y/Y).
SaaS ARR of $31.8 million, up 4% quarter-over-quarter and up 264% year-over-year
Net loss of $(26.0) million, down 1% quarter-over-quarter and up 3% year-over-year
Adjusted EBITDA of $(17.6) million, up 11% quarter-over-quarter and down 9% year-over-year.
Q4 Guidance: Total Revenue of $38 to $53 million; Units Deployed of 35,000 to 55,000.
FY Guidance :Total Revenue of $165 to $180 million from prior guidance of $155 to $180 million; Adjusted EBITDA of $(75) to $(70) million; Units Deployed of 200,000 to 220,000 from prior guidance of 190,000 to 220,000.

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