SmartRent

SmartRent, Inc. is an enterprise smart home automation company developing software and hardware that empowers property owners, managers and homebuilders to effectively manage, protect and automate daily operational processes. Its solutions are designed to provide property managers seamless visibility and control over all their communities assets while delivering additional revenue opportunities through all-in-one home control apps for residents. Its smart home products and solutions were conceptualized, innovated and built by former multifamily operators to maximize efficiency, increase convenience, oversee asset protection and more, all from one dashboard. The company was founded by Lucas Haldeman in 2017 and is headquartered in Scottsdale, AZ.

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SmartRent posts strong Q4 results, eyes revenue growth and profitability

SmartRent's Q4 2022 showcased robust financial performance and strategic focus on revenue growth and operational enhancements.
While facing challenges in achieving positive EBITDA in the short term, the company's long-term outlook remains optimistic.
By capitalizing on opportunities for expansion and efficiency, SmartRent aims to sustain its growth trajectory and enhance profitability.

SmartRent reports stellar Q1 performance, eyes growth through innovation

SmartRent's Q1 2023 performance reflects strong revenue growth, improved profitability, and a solid cash position, signaling positive momentum for the company. The emphasis on cross-selling, new solutions, and hardware expansion underscores SmartRent's commitment to innovation and growth.
While facing challenges in areas like margins and customer dynamics, SmartRent's strategic focus on profitability, customer relationships, and new offerings positions it well to overcome obstacles and drive future success.
With a clear roadmap for growth, SmartRent has the opportunity to capitalize on market opportunities, strengthen its competitive position, and navigate challenges effectively to sustain its upward trajectory in the industry.

SmartRent reports robust Q2 earnings, eyes breakeven targets and partnerships

SmartRent demonstrated strong financial performance, with a focus on achieving breakeven targets and expanding partnerships. Analyst inquiries highlighted areas for improvement, while growth initiatives present opportunities for market expansion.

SmartRent reports robust Q3 growth and eyes profitability in 2023

SmartRent's Q3 performance reflects solid revenue growth, improved EBITDA, and a strategic focus on profitability, underlining the company's resilience and market adaptability.
While facing challenges such as margin declines and profitability targets, SmartRent's innovative product offerings and revenue diversification strategies position it well for future growth.
With a clear roadmap to profitability, operational enhancements, and a customer-centric approach, SmartRent is poised to capitalize on opportunities in the rental housing market and drive sustained success.

SmartRent achieves profitability milestone, eyes revenue growth and market expansion

SmartRent's Q4 performance reflects strong revenue growth and profitability, supported by its market-leading technologies and strategic initiatives.
While facing challenges in revenue duration and hardware deployment, the company's strengths in competitive advantages and recurring revenue model position it well for future growth.
Opportunities lie in revenue expansion, market diversification through community WiFi, and maximizing customer relationships to drive sustained growth and profitability.

SmartRent reports robust Q1 performance, eyes growth through innovation

SmartRent's Q1 2024 performance reflects solid revenue growth, profitability, and expansion in deployed units, underpinned by a focus on innovation.
While challenges in managing expenses and financial outlook exist, the company's strengths in revenue diversification and technological advancements position it well.
Opportunities in enhancing customer offerings and leveraging market trends present avenues for SmartRent to sustain growth and drive value creation.

SmartRent reports positive Q2 results amidst leadership transition challenges

SmartRent's Q2 performance reflects positive trends in adjusted EBITDA, recurring revenue, and gross margins.
While facing challenges such as delayed deployments and CEO transition, the company maintains financial strength and growth opportunities.
Strategic focus on customer engagement and operational efficiency positions SmartRent for long-term success and profitability.
With a strong cash balance and proactive approach to market uncertainties, SmartRent is poised for sustainable growth.

SmartRent reports robust Q3 results, shifts focus to SaaS growth

SmartRent's Q3 earnings call showcased strong financial performance, a focus on SaaS growth, and strategic investments. While facing challenges related to macroeconomic uncertainties, the company's emphasis on customer experience and core product innovation highlights its resilience and growth potential.

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NEW YORK, NY / ACCESSWIRE / August 9, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of SmartRent, Inc. ("SmartRent") (NYSE:SMRT) concerning possible violations of federal securities laws. SmartRent announced on July 30, 2024, a CEO transition plan under which Lucas Haldeman has stepped down from his position as Chief Executive Officer and resigned from the Board of Directors, effective July 29, 2024.

SMRT ALERT: Levi & Korsinsky Reminds Investors of an Investigation Involving Possible Securities Fraud Violations by SmartRent, Inc.

LOS ANGELES, CA / ACCESSWIRE / August 9, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of SmartRent, Inc. ("SmartRent" or "the Company") (NYSE:SMRT) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

Investors Can Join The SmartRent Inc Securities Fraud Investigation With The Schall Law Firm

SmartRent, Inc. (SMRT) Shareholders May Have Been Affected by Fraud - Levi & Korsinsky Investigates

SmartRent, Inc. Investigation Ongoing: Contact Levi & Korsinsky About Potential Securities Fraud Allegations - SMRT

NEW YORK, NY / ACCESSWIRE / August 8, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of SmartRent, Inc. ("SmartRent") (NYSE:SMRT) concerning possible violations of federal securities laws. SmartRent announced on July 30, 2024, a CEO transition plan under which Lucas Haldeman has stepped down from his position as Chief Executive Officer and resigned from the Board of Directors, effective July 29, 2024.

SmartRent, Inc. INVESTIGATION: Levi & Korsinsky Investigates Potential Securities Fraud by SmartRent (SMRT)

LOS ANGELES, CA / ACCESSWIRE / August 8, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of SmartRent, Inc. ("SmartRent" or "the Company") (NYSE:SMRT) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

SMRT Investors Can Participate In The SmartRent Inc Securities Fraud Investigation With The Schall Law Firm

NEW YORK, NY / ACCESSWIRE / August 7, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of SmartRent, Inc. ("SmartRent") (NYSE:SMRT) concerning possible violations of federal securities laws. SmartRent announced on July 30, 2024, a CEO transition plan under which Lucas Haldeman has stepped down from his position as Chief Executive Officer and resigned from the Board of Directors, effective July 29, 2024.

ATTENTION SmartRent, Inc. Investors: You May Have Been Affected by Fraud- Contact Levi & Korsinsky to Discuss Your Rights

SmartRent, Inc. (NYSE:SMRT ) Q2 2024 Earnings Conference Call August 7, 2024 11:30 AM ET Company Participants Kristen Lee - Chief Legal Officer Daryl Stemm - CFO and Interim Principal Executive Officer Frank Martell - Director and Chair, Operating Committee Conference Call Participants Ryan Tomasello - KBW Erik Woodring - Morgan Stanley Brett Knoblauch - Cantor Fitzgerald Tom White - D.A. Davidson Operator Thank you for standing by.

SmartRent, Inc. (SMRT) Q2 2024 Earnings Call Transcript

Investors who lost money on SmartRent, Inc. should contact Levi & Korsinsky about an ongoing investigation - SMRT

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--SmartRent reports second quarter 2024 results; delivers record SaaS annual recurring revenue (“ARR”) of $51.2 million in Q2 2024.

SmartRent Reports Second Quarter 2024 Results

LOS ANGELES, CA / ACCESSWIRE / August 6, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of SmartRent, Inc. ("SmartRent" or "the Company") (NYSE:SMRT) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

SMRT Investors Have Opportunity To Join SmartRent Inc Securities Fraud Investigation With The Schall Law Firm

NEW YORK, NY / ACCESSWIRE / August 5, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of SmartRent, Inc. ("SmartRent") (NYSE:SMRT) concerning possible violations of federal securities laws. SmartRent announced on July 30, 2024, a CEO transition plan under which Lucas Haldeman has stepped down from his position as Chief Executive Officer and resigned from the Board of Directors, effective July 29, 2024.

Levi & Korsinsky Investigates Possible Securities Fraud Violations by SmartRent, Inc. (SMRT)

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NEW YORK, July 31, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against SmartRent, Inc. (“SmartRent” or the “Company”) (NYSE: SMRT) on behalf of SmartRent stockholders. Our investigation concerns whether SmartRent has violated the federal securities laws and/or engaged in other unlawful business practices.

SMARTRENT ALERT: Bragar Eagel & Squire, P.C. is Investigating SmartRent, Inc. on Behalf of SmartRent Stockholders and Encourages Investors to Contact the Firm

BOSTON, MA / ACCESSWIRE / July 31, 2024 / Block & Leviton is investigating SmartRent, Inc. (NYSE:SMRT) for potential securities law violations. Investors who have lost money in their SmartRent, Inc. investment should contact the firm to learn more about how they might recover those losses.

SmartRent ALERT: Securities Fraud Investigation by Block & Leviton Could Allow Investors to Recover Losses

SmartRent (NYSE: SMRT ) stock is taking a beating on Tuesday after the company announced the departure of its CEO. SmartRent's Lucas Haldeman has resigned from his roles as CEO and member of the board of directors at the company.

SmartRent (SMRT) Stock Plunges 21% as CEO Steps Down

Block and Leviton is investigating SmartRent, Inc. ($SMRT) after the company suspended their 2024 guidance and announced that their CEO is stepping down.

SmartRent, Inc. Investigated for Securities Fraud; Block & Leviton Encourages Investors Who Have Lost Money to Contact the Firm

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--SmartRent Announces CEO Transition Plan.

SmartRent Announces CEO Transition Plan

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--SmartRent to report second quarter 2024 financial results on August 7, 2024.

SmartRent to Report Second Quarter 2024 Financial Results on August 7, 2024

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SCOTTSDALE, Ariz.--(BUSINESS WIRE)-- #housingwire--SmartRent, Inc. today announced the addition of Frank Martell, President and CEO of loanDepot, Inc., to its Board of Directors.

SmartRent Names Frank Martell to Board of Directors

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SCOTTSDALE, Ariz.--(BUSINESS WIRE)---- $smrt #multifamily--SmartRent today announced Alloy Deadbolt, the first lock in the Company's in-house smart lock series and designed for rental housing.

SmartRent Unveils Alloy Deadbolt

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STAMFORD, Conn.--(BUSINESS WIRE)--Today, Land & Buildings Investment Management, LLC (together with its affiliates, “Land & Buildings”), a holder of more than 3% of SmartRent, Inc.'s (NYSE: SMRT) (“SmartRent,” “SMRT” or the “Company”) outstanding shares, issued a public letter to the Company's Board of Directors (the “Board”). The full letter is below: May 14, 2024 SmartRent, Inc. 8665 E. Hartford Drive Suite 200 Scottsdale, AZ 85255 Attention: Board of Directors Dear SmartRent Board of.

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

SmartRent, Inc. (NYSE:SMRT ) Q1 2024 Earnings Conference Call May 8, 2024 11:30 AM ET Company Participants Kristen Lee - General Counsel, Corporate Secretary Lucas Haldeman - Chairman, CEO & Founder Daryl Stemm - CFO Conference Call Participants Erik Woodring - Morgan Stanley Ryan Tomasello - KBW Tom White - DA Davidson & Co. Operator Ladies and gentlemen, thank you for standing by. We'd like to welcome you to today's conference.

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