SmartRent Accelerates SaaS Growth by 32% Y/Y; Reports First Quarter 2024 Results
Management is hosting an investor call to discuss results today, May 8, 2024, at 11:30 a.m. Eastern Time.
- 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.