The biggest wins, losses and news from Q4 2023 earnings
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
by Jessi Healey Feb 29
Matterport pulled in $158M last year, up 16% despite $65.8M loss
The company said it expects to grow total revenue 19% to 22% this year as it continues its expansion as an industry leader
by Taylor Anderson Feb 20
Latest Matterport release looks to 'automate the future'
Known as Matterport Property Intelligence, the release contains features for labeling and dimensions, floor plans and fully detailed physical listing insights
by Craig C. Rowe Feb 15
Vacasa gives Matterport multiyear marketing deal
The vacation home company hired the digital twin creator in a multiyear contract to help market its global portfolio of vacation homes under management
by Craig C. Rowe Nov 30
Matterport calculates square feet, labels rooms with latest AI update
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
by Craig C. Rowe Sep 26
Matterport defies Q2 revenue estimates as subscribers multiply
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
by Ben Verde Aug 9
Matterport's Genesis doubles-down on digital twin management
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
by Craig C. Rowe Jun 21
Matterport overhauls account plans amid subscriber growth
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
by Craig C. Rowe May 17
Matterport Q1 revenue jumps as subscribers unexpectedly grow
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
by Craig C. Rowe May 9
Matterport Q4 revenue grows to $41.1M in test of value in a downturn
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
by Taylor Anderson Feb 22
Matterport Digital Pro offers listing agents all-in-one marketing package
The program includes its most well-known home-tour product with dollhouse view, 25 or more high-end still photos, a static 2D floor plan and a 10-15 second preview reel
by Craig C. Rowe Feb 15
These tech tools will upgrade your next open house
For sellers, the idea of more people viewing their listing is always welcome, even if a sale isn't made on the spot. Here are the tools to get more people looking
by Craig C. Rowe Nov 30
Billions in losses, a brutal market and more from Q3 earnings season
A slowing market is taking a toll on big real estate companies, though not every firm is suffering equally. A look back on the past 3 dramatic weeks of third-quarter wins, losses and draws
by Jim Dalrymple II Nov 14
Matterport posts Q3 revenue gains while narrowing its losses
The virtual tour software company posted $38M in revenue, up from $28.4M in Q2, avoiding headwinds that have ensnared others in the real estate space, according to earnings on Thursday
by Taylor Anderson Nov 11
NCRMLS, BrokerBay look to the future with 3D tour integration
BrokerBay's solution for MLSs allows agents to publish digital twins of their listings within the MLS's home search experience, the 3D content for which is created by Matterport or iGuide
by Craig C. Rowe Aug 25