SMRT | Jotup

SmartRent Unveils Alloy Deadbolt

Retrieved on:

月曜日, 6月 10, 2024

SmartRent , Inc. (NYSE: SMRT) (“SmartRent” or the “Company”), a leading provider of smart communities and smart operations solutions for the rental housing industry, today announced the launch of Alloy Deadbolt, the first lock in the Company’s in-house smart lock series.

Key Points:

SmartRent , Inc. (NYSE: SMRT) (“SmartRent” or the “Company”), a leading provider of smart communities and smart operations solutions for the rental housing industry, today announced the launch of Alloy Deadbolt, the first lock in the Company’s in-house smart lock series.
View the full release here: https://www.businesswire.com/news/home/20240610954037/en/
SmartRent's Alloy Deadbolt, the first in its series of in-house smart locks, is one of the most cost-effective options on the market for rental housing operators.
(Graphic: Business Wire)
As one of the most cost-effective options on the market, Alloy Deadbolt aims to reduce rekeying and key management expenses.
“Hardware is essential to powering our platform, and we are pleased to further grow our Alloy SmartHome hardware line with the addition of Alloy Deadbolt,” said SmartRent CEO Lucas Haldeman.

Land & Buildings Sends Letter to SmartRent’s Board of Directors Outlining the Need to Explore Strategic Alternatives

Retrieved on:

火曜日, 5月 14, 2024

Its customers are the largest and most sophisticated multifamily landlords nationally with 15 of the 20 largest apartment owners choosing SmartRent.

Key Points:

Its customers are the largest and most sophisticated multifamily landlords nationally with 15 of the 20 largest apartment owners choosing SmartRent.
Since SmartRent has persistently failed to achieve its growth targets, we believe the Company has no choice but to fully explore strategic alternatives.
Accordingly, we believe the Company must explore strategic alternatives to maximize shareholder value.
To further our constructive engagement, we would like to speak with the independent members of the SmartRent Board to discuss the contents of this letter.

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

Retrieved on:

水曜日, 5月 8, 2024

Management is hosting an investor call to discuss results today, May 8, 2024, at 11:30 a.m. Eastern Time.

Key Points:

Management is hosting an investor call to discuss results today, May 8, 2024, at 11:30 a.m. Eastern Time.
“SmartRent is not just about creating smart homes; we are fundamentally changing the way people interact with their living environments,” said Lucas Haldeman, CEO of SmartRent.
“This quarter, our growth in SaaS revenue by 32% year-over-year to $11.9 million reflects our commitment to elevating the resident and operator experience across the rental housing market.
Operating expenses were $29.6 million in the first quarter of 2024, increasing from $24.4 million in Q1 2023.

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

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火曜日, 4月 30, 2024

Class Action Lawsuit, Professional Services, Legal, GPM, Investment, News, Person, SMRT

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.

Key Points:

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.
You can also contact Charles H. Linehan, of GPM at 310-201-9150, Toll-Free at 888-773-9224, or via email at [email protected] to learn more about your rights.
On this news, SmartRent’s stock price fell $0.13, or 4.5%, to close at $2.76 per share on March 5, 2024, thereby injuring investors further.
Whistleblower Notice: Persons with non-public information regarding SmartRent should consider their options to aid the investigation or take advantage of the SEC Whistleblower Program.

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

Retrieved on:

火曜日, 4月 30, 2024

Class Action Lawsuit, Professional Services, Legal, Suite, Telephone, News, SMRT

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.

Key Points:

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.
Then, on March 5, 2024, SmartRent released its fourth quarter and full year 2023 financial results and disclosed that it was still “working through” lingering overhang from older contracts.
On this news, SmartRent’s stock price fell $0.13, or 4.5%, to close at $2.76 per share on March 5, 2024, thereby injuring investors further.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

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

Retrieved on:

木曜日, 4月 18, 2024

Class Action Lawsuit, Professional Services, Legal, Suite, Law, News, SMRT

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.

Key Points:

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 this news, SmartRent’s stock price fell $0.13, or 4.5%, to close at $2.76 per share on March 5, 2024, thereby injuring investors further.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

SmartRent Launches Alloy SmartHome Leak Sensor+

Retrieved on:

月曜日, 4月 8, 2024

Commercial Building & Real Estate, Software, Construction & Property, Building Systems, Technology, REIT, Other Construction & Property, Residential Building & Real Estate, Water damage, Internet of things, Life, Humidity, Leak, Communication, SMRT, Instrumentation

SmartRent , Inc. (NYSE: SMRT) (“SmartRent” or the “Company”), the leading provider of smart communities and smart operations solutions for the rental housing industry, today announced the launch of its Alloy SmartHome Leak Sensor+.

Key Points:

SmartRent , Inc. (NYSE: SMRT) (“SmartRent” or the “Company”), the leading provider of smart communities and smart operations solutions for the rental housing industry, today announced the launch of its Alloy SmartHome Leak Sensor+.
Even with increased performance features, Leak Sensor+ will be offered at the same price point as previous sensor models.
“To date, SmartRent has saved more than 134,000 floors from potential damage with our leak detection technology.
Leak Sensor+ is our latest device designed from the ground up to improve detection proficiency and accuracy while augmenting the greater smart home ecosystem,” said SmartRent CEO Lucas Haldeman.

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

Retrieved on:

月曜日, 4月 8, 2024

Commercial Building & Real Estate, Software, Construction & Property, Internet, Hardware, Data Management, Technology, Residential Building & Real Estate, Telephone, SMRT

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.

Key Points:

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 conference call and webcast to discuss the Company’s performance.
To avoid delays, participants are encouraged to dial into the conference call 15 minutes ahead of the scheduled start time.

SmartRent Names Alison Dean to Board of Directors

Retrieved on:

金曜日, 3月 22, 2024

SmartRent , Inc. (NYSE: SMRT), the leading provider of smart communities and smart operations solutions for the rental housing industry, today announced the addition of Alison Dean, a renowned corporate technology and finance expert, and former iRobot CFO (NASDAQ: IRBT), to its Board of Directors and Audit Committee.

Key Points:

SmartRent , Inc. (NYSE: SMRT), the leading provider of smart communities and smart operations solutions for the rental housing industry, today announced the addition of Alison Dean, a renowned corporate technology and finance expert, and former iRobot CFO (NASDAQ: IRBT), to its Board of Directors and Audit Committee.
SmartRent retained Korn Ferry, a notable executive recruiting firm, to conduct the search to fill the company’s open board seat.
Dean currently sits on the board of directors for several well-known organizations spanning industries, including Yeti (NYSE: YETI) and Everbridge (NASDAQ: EVBG).
“We’re honored to welcome Alison to the SmartRent Board of Directors and Audit Committee,” said SmartRent CEO Lucas Haldeman.

SmartRent Reports Fourth Quarter 2023 Results – Adjusted EBITDA Positive

Retrieved on:

火曜日, 3月 5, 2024

Commercial Building & Real Estate, Technology, Construction & Property, Other Technology, Software, Internet, Hardware, Other Construction & Property, Residential Building & Real Estate, SMRT, ADI, Research, Forecasting, Marketing, ADI Global Distribution, Adjustment, Software as a service, Community

Adjusted EBITDA of $0.7 million and $(19.2) million for Q4 and full year 2023, respectively.

Key Points:

Adjusted EBITDA of $0.7 million and $(19.2) million for Q4 and full year 2023, respectively.
Q4 2023 was our first period of generating a positive Adjusted EBITDA compared to Q4 2022 loss of $(14.1) million and fiscal year 2022 loss of $(74.7) million.
“In the fourth quarter we achieved our two-year goal to become Adjusted EBITDA profitable, marking a new inflection point in our company's history," said SmartRent CEO Lucas Haldeman.
Adjusted EBITDA was $0.7 million for Q4 2023, a $5.8 million improvement from Q3, and $(14.1) million in Q4 2022.