SmartRent Provides Revenue Guidance for Full Year Ended December 31, 2021
January 11, 2022 at 08:15 am
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SmartRent, Inc. provided revenue guidance for the full year ended December 31, 2021. The Company expects to report total revenue in the range of $106 million to $109 million as compared to previously provided revenue range of $100 million to $105 million.
SmartRent, Inc. is a provider of smart home and smart property solutions for the multifamily industry. The Company's platform, comprised of smart hardware and cloud-based software-as-a-service solutions, gives operators visibility and control over real estate assets empowering them to simplify operations, automate workflows and deliver site team and resident experiences. Through a Hub Device, the Company enables the integration of its platform with third-party smart devices, its own hardware devices and other technology interfaces. It uses an open-architecture, brand-agnostic approach that allows owners, operators, and residents to manage their smart home systems through a single connected interface. Its solutions include smart apartments and homes, access control for buildings, common areas, and rental units, asset protection and monitoring, parking management, self-guided tours, and community and resident WiFi. It provides customers with training, installation and support services.
SMARTRENT, INC. 
