SmartRent, Inc. Provides Earnings Guidance for the Second Quarter of 2024 and Full Year 2024
May 08, 2024 at 08:05 am EDT
Share
SmartRent, Inc. provided earnings guidance for the second quarter of 2024 and full year 2024. For the quarter, the company expected total revenue in the range of $49 million to $55 million.
For the year, the company expected total revenue in the range of $260 million to $290 million.
SmartRent, Inc. is a provider of smart home and smart property solutions for the multifamily industry. The Company's platform, comprised of smart hardware and cloud-based software-as-a-service solutions, gives operators visibility and control over real estate assets empowering them to simplify operations, automate workflows and deliver site team and resident experiences. Through a Hub Device, the Company enables the integration of its platform with third-party smart devices, its own hardware devices and other technology interfaces. It uses an open-architecture, brand-agnostic approach that allows owners, operators, and residents to manage their smart home systems through a single connected interface. Its solutions include smart apartments and homes, access control for buildings, common areas, and rental units, asset protection and monitoring, parking management, self-guided tours, and community and resident WiFi. It provides customers with training, installation and support services.
SMARTRENT, INC. 
