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Benzinga
Benzinga
Business
Adam Eckert

REVEALED: Why matterport stock is moving higher after hours | Vintage Vibes

Matterport Nasdaq

Matterport Inc (NASDAQ:MTTR) shares are trading higher in Tuesday's after-hours session after the spacial data company reported better-than-expected financial results.

Matterport said first-quarter revenue increased 6% year-over-year to $28.5 million, which beat the $27.47 million estimate, according to data from Benzinga Pro. The company reported an adjusted loss of 10 cents per share, which beat the estimate for a loss of 14 cents per share.

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