The company's net loss was 36% less than in 2023, according to Matterport's earnings from the quarter. Revenue rose 5% for the quarter
The sale of the most popular digital twin creator should pump some much-needed adrenaline into the space, and the options are many
The deal will make Movoto the sole provider of some GreatSchools data. It also comes as portals compete to differentiate themselves
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Homes.com's $2B investment in 3D tech indicates the ground assault has started, as it looks to absorb terabytes of property meta-data upstream into its products and marketing campaigns
Matterport's board of directors unanimously approved the deal, to be finalized later this year. CoStar purchased its outstanding stock for $5.50 per share, reflecting an equity value of $2.1B
Real estate’s Q4 earnings calls have finally wrapped. From RE/MAX’s CEO exit to Airbnb’s $10B year, we’ve rounded up the top stories all in one place. Here’s what you might have missed
The company said it expects to grow total revenue 19% to 22% this year as it continues its expansion as an industry leader
Known as Matterport Property Intelligence, the release contains features for labeling and dimensions, floor plans and fully detailed physical listing insights
The vacation home company hired the digital twin creator in a multiyear contract to help market its global portfolio of vacation homes under management
The feature is in beta mode and, upon formal rollout, will allow agents instant access to room dimensions and total square footage by room and floor, according to an announcement Tuesday
Matterport posted second-quarter revenues of $39.6M — a 39% increase from the same period a year earlier that squeaked past analyst estimates of $39.2M, according to a Tuesday earnings call
Matterport sets another benchmark for digitally immersive real estate marketing with creation of Genesis, which upon release, will allow users to quickly insert, move, edit and redesign interiors within created spaces
Much-needed changes were made. Customers were lumped into buying what seemed like random blocks of home scans with big gaps between the number of digital twins allowed
The company previously thought subscriber numbers would be flat in Q1, but ultimately they ended up jumping 37% year over year, according to a quarterly earnings call Tuesday
Matterport earned $136.1M in 2022, which wasn't enough to offset $26.5M in losses for the final 3 months of 2022 and $116.6M for the year, according to the company's latest earnings release on Wednesday