SmartRent

SmartRent, Inc. is an enterprise smart home automation company developing software and hardware that empowers property owners, managers and homebuilders to effectively manage, protect and automate daily operational processes. Its solutions are designed to provide property managers seamless visibility and control over all their communities assets while delivering additional revenue opportunities through all-in-one home control apps for residents. Its smart home products and solutions were conceptualized, innovated and built by former multifamily operators to maximize efficiency, increase convenience, oversee asset protection and more, all from one dashboard. The company was founded by Lucas Haldeman in 2017 and is headquartered in Scottsdale, AZ.

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SmartRent posts strong Q4 results, eyes revenue growth and profitability

SmartRent's Q4 2022 showcased robust financial performance and strategic focus on revenue growth and operational enhancements.
While facing challenges in achieving positive EBITDA in the short term, the company's long-term outlook remains optimistic.
By capitalizing on opportunities for expansion and efficiency, SmartRent aims to sustain its growth trajectory and enhance profitability.

SmartRent reports stellar Q1 performance, eyes growth through innovation

SmartRent's Q1 2023 performance reflects strong revenue growth, improved profitability, and a solid cash position, signaling positive momentum for the company. The emphasis on cross-selling, new solutions, and hardware expansion underscores SmartRent's commitment to innovation and growth.
While facing challenges in areas like margins and customer dynamics, SmartRent's strategic focus on profitability, customer relationships, and new offerings positions it well to overcome obstacles and drive future success.
With a clear roadmap for growth, SmartRent has the opportunity to capitalize on market opportunities, strengthen its competitive position, and navigate challenges effectively to sustain its upward trajectory in the industry.

SmartRent reports robust Q2 earnings, eyes breakeven targets and partnerships

SmartRent demonstrated strong financial performance, with a focus on achieving breakeven targets and expanding partnerships. Analyst inquiries highlighted areas for improvement, while growth initiatives present opportunities for market expansion.

SmartRent reports robust Q3 growth and eyes profitability in 2023

SmartRent's Q3 performance reflects solid revenue growth, improved EBITDA, and a strategic focus on profitability, underlining the company's resilience and market adaptability.
While facing challenges such as margin declines and profitability targets, SmartRent's innovative product offerings and revenue diversification strategies position it well for future growth.
With a clear roadmap to profitability, operational enhancements, and a customer-centric approach, SmartRent is poised to capitalize on opportunities in the rental housing market and drive sustained success.

SmartRent achieves profitability milestone, eyes revenue growth and market expansion

SmartRent's Q4 performance reflects strong revenue growth and profitability, supported by its market-leading technologies and strategic initiatives.
While facing challenges in revenue duration and hardware deployment, the company's strengths in competitive advantages and recurring revenue model position it well for future growth.
Opportunities lie in revenue expansion, market diversification through community WiFi, and maximizing customer relationships to drive sustained growth and profitability.

SmartRent reports robust Q1 performance, eyes growth through innovation

SmartRent's Q1 2024 performance reflects solid revenue growth, profitability, and expansion in deployed units, underpinned by a focus on innovation.
While challenges in managing expenses and financial outlook exist, the company's strengths in revenue diversification and technological advancements position it well.
Opportunities in enhancing customer offerings and leveraging market trends present avenues for SmartRent to sustain growth and drive value creation.

SmartRent reports positive Q2 results amidst leadership transition challenges

SmartRent's Q2 performance reflects positive trends in adjusted EBITDA, recurring revenue, and gross margins.
While facing challenges such as delayed deployments and CEO transition, the company maintains financial strength and growth opportunities.
Strategic focus on customer engagement and operational efficiency positions SmartRent for long-term success and profitability.
With a strong cash balance and proactive approach to market uncertainties, SmartRent is poised for sustainable growth.

SmartRent reports robust Q3 results, shifts focus to SaaS growth

SmartRent's Q3 earnings call showcased strong financial performance, a focus on SaaS growth, and strategic investments. While facing challenges related to macroeconomic uncertainties, the company's emphasis on customer experience and core product innovation highlights its resilience and growth potential.

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SCOTTSDALE, Ariz.--(BUSINESS WIRE)-- #housingwire--$SMRT reports Q1 2024 earnings; sets new record with $47.6M SaaS annual recurring revenue and confirms 2024 growth outlook.

SmartRent Accelerates SaaS Growth by 32% Y/Y; Reports First Quarter 2024 Results

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of SmartRent, Inc. (“SmartRent” or the “Company”) (NYSE: SMRT) investors concerning the Company's possible violations of the federal securities laws. If you suffered a loss on your SmartRent investments or would like to inquire about potentially pursuing claims to recover your loss under the federal securities law.

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of SmartRent, Inc. (SMRT) on Behalf of Investors

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of SmartRent, Inc. (“SmartRent” or the “Company”) (NYSE: SMRT) investors concerning the Company's possible violations of federal securities laws. On September 8, 2023, Bleeker Street Research published a report alleging, among other things, that the "smart" locks that SmartRent distributes "to large multi-family properties" are sourced from "a Croatian supplier that had a known security vulnerabi.

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of SmartRent, Inc. (SMRT) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of SmartRent, Inc. (“SmartRent” or the “Company”) (NYSE: SMRT) on behalf of investors concerning the Company's possible violations of federal securities laws. If you are a shareholder who suffered a loss, click here to participate. On September 8, 2023, Bleeker Street Research published a report alleging, among other things, that the "smart" locks that SmartRent distributes "to large multi-family propertie.

The Law Offices of Frank R. Cruz Announces Investigation of SmartRent, Inc. (SMRT) on Behalf of Investors

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SCOTTSDALE, Ariz.--(BUSINESS WIRE)--SmartRent, Inc. (NYSE: SMRT), a leading provider of smart communities and smart operations solutions for the rental housing industry, today announced it will release first quarter of financial year 2024 results and host a conference call on Wednesday, May 8. First quarter 2024 financial results will be released before the market opens and, at 11:30 a.m. ET, Lucas Haldeman, Chief Executive Officer, and Daryl Stemm, Chief Financial Officer, will host a conferen.

SmartRent to Report First Quarter 2024 Financial Results on May 8, 2024

SCOTTSDALE, Ariz.--(BUSINESS WIRE)---- $SMRT #multifamily--SMRT's new leak sensor has superior battery longevity while increasing humidity resistance, leak detection, compatibility, reliability & performance.

SmartRent Launches Alloy SmartHome Leak Sensor+

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SmartRent Inc. (NYSE:SMRT ) Q4 2023 Results Conference Call March 5, 2024 10:30 AM ET Company Participants Brian Ruttenbur - Senior Vice President of Investor Relations Lucas Haldeman - Founder, Chairman & CEO Daryl Stemm - Chief Financial Officer Conference Call Participants Soham Bhonsle - BTIG Ryan Tomasello - KBW Tom White - D.A. Davidson & Company Brett Knoblauch - Cantor Fitzgerald Operator Good morning.

SmartRent Inc. (SMRT) Q4 2023 Earnings Call Transcript

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--SmartRent, Inc. (NYSE: SMRT) (“SmartRent” or the “Company”), a leading provider of smart home and property operations solutions for the rental housing industry, today reported financial results for the three months and year ended December 31, 2023. Management is hosting an investor call to discuss results today, March 5, 2024, at 10:30 a.m. Eastern Time. Financial and Business Highlights for the Fourth Quarter and Full-Year 2023 Revenue of $60.3 million and $.

SmartRent Reports Fourth Quarter 2023 Results – Adjusted EBITDA Positive

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Concerned Stockholder Urges SmartRent Leadership to Address Strategy, Communication, and Governance Matters

SmartRent aims to reach profitability in 2024 despite its current lack of profits, thanks to its strong market presence and upward revenue trend. With over 680,000 device installations and a focus on integrated hardware and software solutions, SMRT demonstrates the potential for significant growth within its customer base.

SmartRent: Profitability On The Horizon

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--SmartRent, Inc. (NYSE: SMRT), a leading provider of smart communities and smart operations solutions for the rental housing industry, today announced it will release fourth quarter and financial year 2023 results and host a conference call on Tuesday, March 5. Fourth quarter and year- end 2023 financial results will be released before the market opens and, at 10:30 a.m. ET, Lucas Haldeman, Chief Executive Officer, and Daryl Stemm, Chief Financial Officer, wil.

SmartRent to Report Fourth Quarter and Full-Year 2023 Financial Results on March 5, 2024

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SCOTTSDALE, Ariz.--(BUSINESS WIRE)---- $SMRT #alloysmarthome--SmartRent today announced the launch of Alloy SmartHome Hub+, the Company's first thermostat with an integrated smart hub device.

SmartRent Launches Alloy SmartHome Hub+

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TIXT vs. SMRT: Which Stock Is the Better Value Option?

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SCOTTSDALE, Ariz. & SANTA BARBARA, Calif.--(BUSINESS WIRE)---- $SMRT #smartrent--SmartRent today announced the rollout of its access control and IoT solutions at 2,500 apartment homes in The Towbes Group portfolio.

The Towbes Group Deploys SmartRent Solutions to Modernize the Resident Experience

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Does SmartRent, Inc. (SMRT) have what it takes to be a top stock pick for momentum investors? Let's find out.

SmartRent, Inc. (SMRT) Is Up 2.52% in One Week: What You Should Know

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SCOTTSDALE, Ariz.--(BUSINESS WIRE)---- $SMRT #fast500--The Arizona-based enterprise joins the annual list recognizing innovative and rapidly growing companies in North America.

SmartRent Earns Coveted Spot on Deloitte's 2023 Technology Fast 500™ List

SmartRent, Inc. (NYSE:SMRT ) Q3 2023 Earnings Conference Call November 7, 2023 10:30 AM ET Company Participants Brian Ruttenbur - Senior Vice President-Investor Relations Lucas Haldeman - Chairman & Chief Executive Officer Hiroshi Okamoto - Chief Financial Officer Conference Call Participants Nikhil Vijay - KBW Erik Woodring - Morgan Stanley Sidney Ho - Deutsche Bank Brett Knoblauch - Cantor Fitzgerald Tom White - D.A. Davidson & Co. Operator Hello, and welcome to smartrent.com Inc. Conference Call.

News for SmartRent Stock (SMRT)