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MTTR News and Press, Matterport Inc. From 06/14/24

Stock Information

Company Name: Matterport Inc.
Stock Symbol: MTTR
Market: NASDAQ
Website: matterport.com

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MTTR - Matterport: Deal Premium Creeping Up, Still Not Enticed

2024-06-14 17:39:33 ET Summary Matterport, Inc. fell off investors' radars after the buyout agreement with CoStar Group, but the recent stock slump offers a large deal premium. The CoStar deal values Matterport at $2.1 billion, with $2.75 cash and $2.63 shares, providing a current...

MTTR - CoStar withdrew, refiled HSR notification for Matterport deal

2024-06-10 10:36:39 ET More on Matterport Matterport: Waiting Out The Housing Market Matterport Non-GAAP EPS of -$0.01 beats by $0.02, revenue of $39.9M misses by $0.13M Matterport Q1 2024 Earnings Preview Seeking Alpha’s Quant Rating on Matterport ...

MTTR - Is Matterport a Buy Ahead of $5.50 per Share Buyout?

2024-06-04 07:45:00 ET Matterport 's (NASDAQ: MTTR) stock is trading about 20% below the CoStar (NASDAQ: CSGP) buyout price. Is there an opportunity for investors to buy shares, or is the risk too high? Travis Hoium digs into the dynamics of the deal in this video. *St...

MTTR - Is Matterport a Worthy Merger Arbitrage Play?

2024-05-28 06:00:00 ET CoStar Group (NASDAQ: CSGP) , the parent company of Apartments.com and Homes.com, announced its intention to acquire Matterport (NASDAQ: MTTR) , a virtual tour software platform, for an enterprise value of $1.6 billion. CoStar management believes the d...

MTTR - MTTR Alert: Monsey Firm of Wohl & Fruchter Investigating Fairness of the Sale of Matterport to CoStar Group

MONSEY, N.Y., May 23, 2024 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating the fairness of the price of $5.50 per share for which Matterport, Inc. (Nasdaq: MTTR) (“Matterport”) has agreed to be sold to CoStar Group (“CoStar”). Under the...

MTTR - Real estate stocks continue to surge as soft inflation reports fuel rate cut hopes

2024-05-18 12:00:35 ET Flip Side 0.18% unchanged shelter index said in a recent note persistent housing inflation More on Real Estate: CPI in charts: Consumer price growth slows in April Jerome Powell reiterates wait-and-see approach to Fed's monetary...

MTTR - Matterport Unveils Reporting Tool to Showcase Carbon Reduction Achieved Using Digital Twins

SUNNYVALE, Calif., May 15, 2024 (GLOBE NEWSWIRE) -- Matterport, Inc. (Nasdaq: MTTR), announced the launch of avoided emissions reporting for select enterprise customers, measuring the emissions savings associated with the use of Matterport’s digital twin platform. Developed with independen...

MTTR - Matterport Non-GAAP EPS of -$0.01 beats by $0.02, revenue of $39.9M misses by $0.13M

2024-05-06 16:08:03 ET More on Matterport Matterport: Waiting Out The Housing Market Matterport: Rating Upgrade As The Growth Outlook Becomes More Promising Matterport, Inc. (MTTR) Q4 2023 Earnings Call Transcript Matterport Q1 2024 Earnings Preview M...

MTTR - Matterport Announces First Quarter 2024 Financial Results

Annualized Recurring Revenue hits record $96 million, up 21% year-over-year Net loss improved 33% year-over-year; Non-GAAP net loss improved 80% year-over-year Cash used in operating activities improved 81% year-over-year Net Dollar Expansion rate of 107% Total s...

MTTR - Expected US Company Earnings on Monday, May 6th, 2024

PRA Group Inc. (PRAA) is expected to report $-0.15 for Q1 2024 Bowman Consulting Group Ltd. (BWMN) is expected to report $-0.04 for Q1 2024 Noble Corporation plc A (NE) is expected to report $0.56 for Q1 2024 Velo3D Inc. (VLD) is expected to report for Q3 2024 Axon Enterprise Inc....

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