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Is Matterport's Growth Story Fading?

Earnings showed slowing growth in the subscription business.

By Travis Hoium – May 13, 2023 at 7:15AM EST

Matterport (MTTR +0.00%) has been a growth stock since going public, but it's not growing the way investors may have hoped. Subscription growth is down, and the company continues to lose money. In this video, Travis Hoium covers both the positives and the challenges facing Matterport in 2023.

*Stock prices used were end-of-day prices of May 10, 2023. The video was published on May 12, 2023.

Read Next

About the Author

Travis Hoium
Travis Hoium is a contributing Motley Fool stock market analyst covering solar energy, technology, and growth stocks. Before The Motley Fool, Travis was a mechanical engineer at 3M and founded a virtual reality company. He holds a bachelor’s degree in mechanical engineering and a master’s degree in business administration from the University of Minnesota.
TMFFlushDraw
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John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Travis Hoium has positions in Airbnb and Matterport. The Motley Fool has positions in and recommends Airbnb, Amazon.com, Autodesk, and Matterport. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link, they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool. 

Stocks Mentioned

Amazon Stock Quote
Amazon
NASDAQ: AMZN
$210.00
(+1.00%)+$2.08
Autodesk Stock Quote
Autodesk
NASDAQ: ADSK
$245.84
(+5.31%)+$12.39
Airbnb Stock Quote
Airbnb
NASDAQ: ABNB
$135.22
(-1.28%)-$1.75

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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