Brief: Latch Reports Fourth Quarter And Full Year 2021 Results

Latch

24/02/2022 21:54

Feb 24 (Reuters) - Latch Inc  LTCH.O :
    * LATCH REPORTS FOURTH QUARTER AND FULL YEAR 2021 FINANCIAL
RESULTS
    * QTRLY REVENUE OF $14.5 MILLION, UP 94% YEAR-OVER-YEAR
    * EXPECT Q1 TOTAL REVENUE TO BE IN RANGE OF $12.7 MILLION TO
$14.8
MILLION
    * EXPECT FY TOTAL REVENUE TO BE IN RANGE OF $75 MILLION TO
$100
MILLION
    * NET LOSS FOR THREE MONTHS ENDED DECEMBER 31, 2021 WAS
$53.9
MILLION
    * Q4 EARNINGS PER SHARE VIEW $-0.28, REVENUE VIEW $13.6
MILLION --
REFINITIV IBES DATA
    * Q1 REVENUE VIEW $21.0 MILLION -- REFINITIV IBES DATA
    * FY2022 REVENUE VIEW $148.1 MILLION -- REFINITIV IBES DATA

Source text for Eikon:  ID:nGNX53hf4Z 
Further company coverage:  LTCH.O 

 ((Reuters.Briefs@thomsonreuters.com;))