Brief: Latch Reports First Quarter 2021 Financial Results

Latch

09/06/2021 22:48

June 9 (Reuters) - Latch Inc  LTCH.O :
    * LATCH REPORTS FIRST QUARTER 2021 FINANCIAL RESULTS
    * Q1 REVENUE ROSE 143 PERCENT TO $6.6 MILLION
    * QTRLY BOOKED ARR OF $38.9 MILLION, UP 120% YEAR-OVER-YEAR
    * QTRLY TOTAL BOOKINGS OF $71.7 MILLION, UP 89%
YEAR-OVER-YEAR
    * EXPECT Q2 REVENUE TO BE IN RANGE OF $9 MILLION TO $10
MILLION
    * EXPECT FY REVENUE TO BE IN RANGE OF $47 MILLION TO $51
MILLION

Source text for Eikon:  ID:nGNXcgmPN6 
Further company coverage:  LTCH.O 

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