NYSE:SMRT - New York Stock Exchange, Inc. - US83193G1076 - Common Stock - Currency: USD
As the Q1 earnings season wraps, let’s dig into this quarter’s best and worst performers in the internet of things industry, including SmartRent (NYSE:SMRT) and its peers.
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Unprofitable companies face headwinds as they struggle to keep operating expenses under control. Some may be investing heavily, but the majority fail to convert spending into sustainable growth.
Smart home company SmartRent (NYSE:SMRT) missed Wall Street’s revenue expectations in Q4 CY2024, with sales falling 41.3% year on year to $35.37 million. Its GAAP loss of $0.06 per share was $0.03 below analysts’ consensus estimates.
Smart home company SmartRent (NYSE:SMRT) will be announcing earnings results tomorrow before the bell. Here’s what to expect.