SmartRent ( (SMRT) ) has shared an announcement.
On March 5, 2025, SmartRent reported its financial results for the fourth quarter and full year of 2024, highlighting a 17% increase in SaaS revenue for the quarter despite a 41% decline in total revenue due to reduced hardware sales. The company is undergoing a strategic transformation to focus more on its SaaS offerings, with new leadership and restructuring efforts aimed at long-term growth and operational excellence.
More about SmartRent
SmartRent, Inc. is a leading provider of smart community and smart operations solutions specifically for the rental housing industry.
YTD Price Performance: -27.43%
Average Trading Volume: 1,174,492
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $244.6M
For an in-depth examination of SMRT stock, go to TipRanks’ Stock Analysis page.