Question of the Day: Have you/will you buy stock in Matterport (MTTR)?14189
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| Video: Matterport Announces Second Quarter 2023 Financial Results | Video courtesy of WGAN-TV YouTube Channel | Tuesday, 8 August 2023 WGAN Forum Podcast | Episode #215 ==================================================================================== Matterport Deck | Second Quarter 2023 Financial Results | August 8, 2023 ==================================================================================== Matterport Announces Second Quarter 2023 Financial Results 1. Q2 total revenue of $39.6 million, up 39% year-over-year, at high end of guidance range 2. Q2 subscription revenue reached record $20.9 million, at high end of guidance range 3. Q2 GAAP loss per share of $0.19 and Non-GAAP loss per share of $0.07, at high end of guidance range 4. Company raises 2023 Non-GAAP loss per share guidance 5. Accelerates operational cash flow profitability target to 2024 |
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| Video: Is Matterport Stock a Buy Now? | Video courtesy of Asymmetric Investing by ... | 17 August 2023 The Motley Fool (17 August 2023) Is Matterport Stock a Buy Now? |
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| GuruFocus.com (21 August 2023) Investing in the Immersive Future With Matterport and NetEase | ||
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| Simply Wall Street (20 August 2023) Independent Director of Matterport Peter Hébert Buys 22% More Shares | ||
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| Seeking Alpha (19 August 2023) Matterport: Growth Remains Strong And Profitability Is The Key Upside Catalyst | ||
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| Video: 3 Predictions for Matterport Stock | Video courtesy of Asymmetric Investing by YouTube Channel | 20 September 2023 | ||
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| BestStocks.com (2 October 2023) Increased Holdings in Matterport, Inc. by Exchange Traded Concepts LLC Signals Confidence in Company’s Potential Growth | ||
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| InvestorPlace (10/6/23), The 7 Most Undervalued Penny Stocks to Buy in October 2023 Didn't see this thread until posting and then searching. |
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Quote:Originally Posted by 3DPhoto |
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Quote:Originally Posted by 3DPhoto |
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 Illustration by DALL-E (V3) | Prompt: Illustration of a dramatic roller coaster track against a backdrop of a cloudy sky. At its peak, there's a sign displaying 'MTTR $2.00'. The roller coaster car is captured at the bottom of a sharp plunge, adjacent to another sign reading 'MTTR $2.00'. The passengers in the coaster, including a Caucasian woman, an Asian teenager, and an African-American man, all have their arms raised high in excitement but with evident fear on their faces.  Source: Yahoo Finance | Market Close - 4 pm ET Friday, 20 October 2023 Matterport Stock (MTTR) Closes at new low: $2.00 from $27.86 Hi All, How low can Matterport stock go?! Today (Friday, 20 October 2023), Matterport (MTTR) closed at a new low: $2.00 (after going as low as $1.98). That's down from a historic high of $27.86 on 19 November 2021: a 92.8 percent decrease. (Matterport went public at $10 per share on 5 February 2021.) The market cap of Matterport stock is $602,470,000. Matterport had $446,000,000 in cash on its balance sheet, as reported on the Matterport 2Q23 Earnings Call. I wonder if Matterport will be acquired by a larger player in the space like Hexagon. They could financial nearly the entire purchase with cash on the Matterport balance sheet. I previously wrote about this on 21 February 2023 when Matterport traded at $6.83 and $562 million cash on its balance sheet. =>Will Matterport be Acquired by Hexagon? I bought 100+ shares at around $24. So, I am feeling some pain. How about you? Best, Dan |
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| I bought stock after I got a Pro 2 last year. 3D mapping was just starting to hit its stride, I said. MTTR would double in 2023, I said. As it dropped, it was undervalued, I said. Don't worry, there's no close competition, I said. Bottoming at 2.00 makes me cringe and question my intelligence. I'm rationalizing whether a buy out and lots of hype looks appealing. I need share price to rise again, but the upside for my investment and upside for Matterport seem like two separate things. |
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| Matterport Media Release ---  Illustration for WGAN Forum by DALL-E (V3) | Prompt: Render-style newspaper graphic featuring a 3D model of a building, representing the spatial data expertise of Matterport. The headline reads 'Matterport to Announce 3Q 2023'. A digital display on the building shows 'November 6, 2023, After Market Close'. Surrounding the building are smaller graphics, one depicting the Nasdaq symbol 'MTTR' and another showing a positive financial graph for Q3 2023. Matterport to Announce Third Quarter 2023 Results on Monday, November 6, 2023 SUNNYVALE, California, October 23, 2023 (GLOBE NEWSWIRE) -- Matterport, Inc. (Nasdaq: MTTR), the leading spatial data company driving the digital transformation of the built world, today announced that it will release its third quarter 2023 financial results on Monday, November 6, 2023, after market close. Matterport management will host a conference call that day at 1:30 p.m. Pacific time (4:30 p.m. Eastern time) to discuss the financial results. The dial-in number will be (412) 902-4209, conference ID: 10182949. The financial results press release and a live webcast of the conference call will be accessible from the Matterport website at investors.matterport.com. An audio webcast replay of the conference call will also be available for one year at investors.matterport.com. About Matterport Matterport, Inc. (Nasdaq: MTTR) is leading the digital transformation of the built world. Our groundbreaking spatial data platform turns buildings into data to make every space more valuable and accessible. Millions of buildings in more than 177 countries have been transformed into immersive Matterport digital twins to improve every part of the building lifecycle from planning, construction, and operations to documentation, appraisal and marketing. Learn more at: www.Matterport.com ©2023 Matterport, Inc. All rights reserved. Matterport is a registered trademark and the Matterport logo is a trademark of Matterport, Inc. --- Source: Matterport via Globe Newswire |
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| Any reason why this announcement would change the direction for MTTR? I think Matterport is standing in it's own way. It's like proof of concept without ability to disrupt anything. Nobody understands it except existing users locked into the existing subscription model. Any indication companies are actively considering a buyout: Hexagon, Meta, Alphabet, Apple? It's not good for investors unless the interest increases valuation. Calling all the shares quietly will be a loss to most of us. What we need is two or more companies discussing their interest and how it will grow into its real potential. | ||
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| Matterport Media Release --- Video: Matterport Announces Collaboration with Stockperks to Offer Rewards Retail Investors | Video courtesy of WGAN-TV YouTube Channel | 30 October 2023 WGAN Forum Podcast | Episode #234 Matterport Announces Collaboration with Stockperks to Offer Rewards for Retail Investors Collaboration brings Matterport onto Stockperks’ platform, facilitating community-building and seamless perk redemption for Matterport’s investors SUNNYVALE, California, October 30, 2023 (GLOBE NEWSWIRE) -- Matterport, Inc. (Nasdaq: MTTR), the leading digital twin platform to access, understand, and utilize properties, and Stockperks, the premier retail investor engagement company, announced today the launch of the Matterport Shareholder Rewards Program on the Stockperks app. To kick off the program, retail shareholders who leverage the Stockperks app can obtain discounts on a Matterport subscription and a free Axis device. Additional perks are available for a limited time and will be updated on an ongoing basis. Investors should visit the Stockperks app for more details on how to claim Matterport shareholder perks. Since its founding in 2011, Matterport’s pioneering technology has set the standard for digitizing, accessing and managing buildings, spaces and places online. The Company’s innovative software platform, spatial data library, and 3D capture technology have broken down the barriers that have kept the largest asset class in the world, buildings and physical spaces, offline and underutilized for many years. The digitization and datafication of the built world can continue to unlock significant operational efficiencies and property values, and Matterport is a leading platform to lead this enormous global transformation. With approximately 10.5 million spaces under management and 33 billion square feet digitized as of June 30, 2023, Matterport is continuing to penetrate the estimated $327 trillion global building stock and expand its footprint across various end markets, including residential and commercial real estate, facilities management, retail, architecture, engineering and construction, insurance and repair, and travel and hospitality. “We’re excited to partner with Stockperks and provide our retail investors an opportunity to experience Matterport solutions firsthand, enhancing their understanding of the company and providing a new way for us to connect with retail shareholders directly,” said JD Fay, Chief Financial Officer of Matterport. “We are incredibly pleased to partner with Matterport, a leader in the digital transformation of the built world. Adding retail shareholder benefits is a testament to Matterport’s commitment to all of its investors,” said Agnies Watson, President and Co-Founder of Stockperks. “We are honored to enable stronger connections between Matterport and its investors.” About Matterport Matterport, Inc. (Nasdaq: MTTR) is leading the digital transformation of the built world. Our groundbreaking spatial data platform turns buildings into data to make every space more valuable and accessible. Millions of buildings in more than 177 countries have been transformed into immersive Matterport digital twins to improve every part of the building lifecycle from planning, construction, and operations to documentation, appraisal and marketing. Learn more at: www.Matterport.com --- Source: Matterport via Globe Newswire |
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Quote:Originally Posted by @3DPhoto @#DPhoto ✓ Will Matterport be Acquired by Hexagon? ✓ Why Google Will Acquire Matterport? Dan |
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| Matterport 3Q23 Financial Results Slide Deck ============================================== Matterport Slide Deck | 3Q23 Financial Results ============================================== Plus ... Please see Matterport media release here: Matterport 3Q23 Subscription Revenue $22.9 Million, up 20% Year-Over-Year Best, Dan |
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| Matterport SEC Form 8-K 3Q23 Filing today (6 November 2023) | ||
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| Matterport SEC Form 10-Q Filing today (Tuesday, 7 November 2023) You can find interesting disclosures (like this one) saying that Matterport expects it to cost $4 million related to letting 30 percent of its workforce by 31 December 2023.  Matterport SEC Form 10-Q Filing today (Tuesday, 7 November 2023) What else did you find of interest? Best, Dan |
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| Video: Why Matterport Stock Exploded After Earnings | Video courtesy of Asymmetric Investing YouTube Channel | 7 November 2023 | ||
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