Matterport Q4 revenue grows to $41.1M in test of value in a downturn

Matterport Q4 revenue grows to $41.1M in test of value in a downturn

Matterport earned $136.1 million in 2022, which wasn’t enough to offset $26.5 million in losses for the final three months of 2022 and $116.6 million for the year, according to the company’s latest earnings release on Wednesday. That was more than double the $46.9 million in losses Matterport reported in 2021.