Matterport 2Q23 Results
Raising Non-GAAP loss per share guidance for Q3 and full year 2023 driven by increasing
focus on profitability & continuing revenue growth
Notes:
Total revenue (in millions)
Year-over-year growth
Subscription revenue (in millions)
Year-over-year growth
Non-GAAP loss per share
Weighted average fully diluted shares outstanding
(in millions)
Q3 2023
Guidance
$38 - $40
0% - 5%
$21.8 - $22.0
15% -16%
$(0.07) - $(0.05)
303
FY 2023
Guidance
$155 - $159
14% -17%
$85 - $86
15% -17%
$(0.28) - $(0.24)
300
Matterport is not able to provide a reconciliation of non-GAAP loss per share to GAAP loss per share because Matterport does not provide specific guidance for the various exclusions adjusted from net loss. These items have not yet
occurred, are out of Matterport's control and/or cannot be reasonably predicted. As a result, reconciliation of the non-GAAP guidance measures to GAAP is not available without unreasonable effort, and Matterport is unable to address
the probable significance of the unavailable information
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