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Matterport and FBS Partner to Introduce Listing-Completion Feature, Automatically Populating Property Data and Media Assets from Digital Twins, Leapfrogging Current Listing Process
GlobeNewswire News Room· 2024-06-27 13:00
Core Insights - Matterport, Inc. has partnered with FBS to enhance the Flexmls platform, allowing users to upload Matterport digital twins and autofill dimensional data with one click [6][7] - The integration aims to improve the efficiency of real estate professionals by simplifying the upload process of Matterport media, including photos, floor plans, and videos [6][11] - This partnership is expected to enhance the overall listing quality, benefiting both listing agents and potential buyers by providing detailed property layout and size information [2][7] Company Overview - Matterport is a leader in the digital transformation of the built world, providing next-generation 3D digital twin solutions for various applications including property marketing and facilities management [4][8] - FBS is recognized as a leading innovator in Multiple Listing Service (MLS) technology, serving over 320,000 real estate professionals in the US with its Flexmls platform [6][12] - The Flexmls platform is designed to give real estate professionals autonomy in managing their business and accessing property listings and market data [6][12] Technological Advancements - The integration allows Flexmls users to automatically extract and populate room names, lengths, and widths from Matterport digital twins, reducing manual data entry and minimizing errors [11][12] - Matterport's AI-powered Property Intelligence enhances the accuracy of dimensional property data, which is crucial for prospective home buyers [11][12] - The partnership aims to democratize access to data and set new standards for the listing process, ultimately improving the agent and buying experience [7][12]
After Plunging -11.36% in 4 Weeks, Here's Why the Trend Might Reverse for Matterport (MTTR)
ZACKS· 2024-06-17 14:36
Guide to Identifying Oversold Stocks We use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is oversold. This is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. Usually, a stock is considered oversold when its RSI reading falls below 30. Technically, every stock oscillates between being overbought and oversold irrespective of the quality of their fundamentals. And the beauty of R ...
The 2030's Millionaire Club: 3 Hyper-Growth Stocks to Buy Now
Investor Place· 2024-06-05 20:33
Hyper-growth stocks offer excitement, but their lifespan can be fleeting. Successful growth investors seek durable companies with long-term potential. Innovative firms continually emerge, offering transformative growth opportunities. Despite misconceptions, the U.S. economy exhibits promise. GDP grows steadily, and unemployment recently hit historic lows near 4% as reduced inflation stabilizes prices, easing financial strain. Wage hikes and strong consumer spending indicate healthy demand. Investments in in ...
Is Matterport a Buy Ahead of $5.50 per Share Buyout?
The Motley Fool· 2024-06-04 11:45
There's a 20% arbitrage opportunity for investors. Matterport's (MTTR 0.23%) stock is trading about 20% below the CoStar (CSGP -0.15%) buyout price. Is there an opportunity for investors to buy shares, or is the risk too high? Travis Hoium digs into the dynamics of the deal in this video. *Stock prices used were end-of-day prices of June 3, 2024. The video was published on June 3, 2024. ...
Kuehn Law Encourages MTTR, AGR, OSG, and CRC Investors to Contact Law Firm
Prnewswire· 2024-05-28 12:31
Overseas Shipholding Group, Inc. has agreed to a definitive merger with Saltchuk Resources, Inc. The agreement stipulates that Overseas shareholders will receive $8.50 per share in cash. NEW YORK, May 28, 2024 /PRNewswire/ -- Kuehn Law, PLLC, a shareholder litigation law firm, is investigating potential claims related to the below-listed proposed mergers. Kuehn Law may seek additional disclosures or other relief on behalf of the shareholders of these companies. Kuehn Law is investigating whether the Boards ...
Is Matterport a Worthy Merger Arbitrage Play?
fool.com· 2024-05-28 10:00
CoStar Group is acquiring Matterport, but shares of the lidar technology company trade significantly below its expected buyout price. CoStar Group (CSGP 0.28%), the parent company of Apartments.com and Homes.com, announced its intention to acquire Matterport (MTTR), a virtual tour software platform, for an enterprise value of $1.6 billion. CoStar management believes the deal will go through before the end of 2024, but it still needs to pass shareholder and regulatory hurdles. As a result, the proposed acqui ...
The 50% Upside Club: 3 Overlooked Growth Stocks to Buy Now
investorplace.com· 2024-05-21 23:02
Amid rampant market hype, many high-profile companies with solid growth rates are seeing strong uptake from investors. But that's not to say all growth stocks are seeing the same sort of enthusiasm from investors. There are plenty of overlooked growth stocks with robust fundamentals that go unnoticed, presenting lucrative investment prospects across various sectors. Zoom Video (ZM) As the pandemic's ultimate star in the video conferencing space, Zoom Video (NASDAQ:ZM) has certainly become a hot name in the ...
Matterport Unveils Reporting Tool to Showcase Carbon Reduction Achieved Using Digital Twins
Newsfilter· 2024-05-15 13:00
SUNNYVALE, Calif., May 15, 2024 (GLOBE NEWSWIRE) -- Matterport, Inc. (NASDAQ:MTTR), announced the launch of avoided emissions reporting for select enterprise customers, measuring the emissions savings associated with the use of Matterport's digital twin platform. Developed with independent carbon accounting experts, the reports enable enterprise customers to understand the impact of emissions avoided by collaborating remotely instead of traveling to inspect facilities onsite. There has been a growing expect ...
Matterport(MTTR) - 2024 Q1 - Quarterly Report
2024-05-08 20:24
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ____________________________ FORM 10-Q ____________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to ____________ Commission file number 001-39790 ____________________ ...
Matterport, Inc. (MTTR) Reports Q1 Loss, Misses Revenue Estimates
Zacks Investment Research· 2024-05-06 22:46
Matterport, Inc. (MTTR) came out with a quarterly loss of $0.01 per share versus the Zacks Consensus Estimate of a loss of $0.03. This compares to loss of $0.07 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 66.67%. A quarter ago, it was expected that this company would post a loss of $0.04 per share when it actually produced a loss of $0.04, delivering no surprise.Over the last four quarters, the company has surpassed consen ...