Smartrent Inc is a technology company that specializes in providing smart home automation solutions for the rental housing market
The company develops and offers a comprehensive platform that enables property owners and managers to enhance tenant experiences through the integration of smart devices, such as keyless entry systems, temperature controls, and security features. By leveraging IoT technology, Smartrent's solutions streamline property management operations, improve energy efficiency, and enhance overall tenant satisfaction, ultimately transforming traditional rental spaces into modern, connected living environments.
Smart home company SmartRent (NYSESMRT) 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.
Since August 2024, SmartRent has been in a holding pattern, posting a small return of 4.9% while floating around $1.51. The stock also fell short of the S&P 500’s 12.2% gain during that period.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Rockwell Automation (NYSEROK) and the rest of the internet of things stocks fared in Q3.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Vontier (NYSEVNT) and the rest of the internet of things stocks fared in Q3.
As the Q3 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the internet of things industry, including Trimble (NASDAQTRMB) and its peers.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at SmartRent (NYSESMRT) and the best and worst performers in the internet of things industry.
As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the internet of things industry, including Emerson Electric (NYSEEMR) and its peers.
Smart home company SmartRent (NYSESMRT) missed Wall Street’s revenue expectations in Q3 CY2024, with sales falling 30.3% year on year to $40.51 million. Its GAAP loss of $0.05 per share was also 150% below analysts’ consensus estimates.
As the Q4 earnings season wraps, let’s dig into this quarter’s best and worst performers in the internet of things industry, including PowerFleet (NASDAQPWFL) and its peers.
