Revenue grew 4% year-over-year to $39.8 million, with core revenue up 14% and ARR up 13%. Gross margin expanded to 40.7%, and adjusted EBITDA turned positive. Units Booked surged 40%, and the company ended the quarter with $92.7 million in cash and no debt.Original document: SmartRent, Inc. [SMRT…
Revenue grew 4% year-over-year to $39.8 million, with core revenue up 14% and ARR up 13%. Gross margin expanded to 40.7%, and adjusted EBITDA turned positive. Units Booked surged 40%, and the company ended the quarter with $92.7 million in cash and no debt.
Original document:
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