Matterport Earnings: What to Watch
Matterport (NASDAQ: MTTR) is slated to report its third-quarter 2021 results after the market close on Wednesday, Nov. 3. An analyst conference call is scheduled for 4:30 p.m. EDT on the same day.
Matterport is probably a new name to many investors. The Silicon Valley-based company went public in July via a reverse merger with a special purpose acquisition company, or SPAC. Its platform enables users to turn a physical space into an immersive 3D replica, or "digital twin." These digital twins are being used in many ways, including by realtors to sell homes and by hospitality companies to rent out their vacation accommodations.
Since going public on July 23, Matterport stock is up 27% through Oct. 18. The S&P 500 index has returned 3.1% over this period.
Source Fool.com
