SMRT

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of SmartRent, Inc. (SMRT) on Behalf of Investors

Retrieved on: 
Tuesday, April 30, 2024
Class Action Lawsuit, Professional Services, Legal, GPM, Investment, News, Person, SMRT

Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of SmartRent, Inc. (“SmartRent” or the “Company”) (NYSE: SMRT ) investors concerning the Company’s possible violations of the federal securities laws.

Key Points: 
  • Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of SmartRent, Inc. (“SmartRent” or the “Company”) (NYSE: SMRT ) investors concerning the Company’s possible violations of the federal securities laws.
  • You can also contact Charles H. Linehan, of GPM at 310-201-9150, Toll-Free at 888-773-9224, or via email at [email protected] to learn more about your rights.
  • On this news, SmartRent’s stock price fell $0.13, or 4.5%, to close at $2.76 per share on March 5, 2024, thereby injuring investors further.
  • Whistleblower Notice: Persons with non-public information regarding SmartRent should consider their options to aid the investigation or take advantage of the SEC Whistleblower Program.

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of SmartRent, Inc. (SMRT) on Behalf of Investors

Retrieved on: 
Tuesday, April 30, 2024
Class Action Lawsuit, Professional Services, Legal, Suite, Telephone, News, SMRT

Law Offices of Howard G. Smith announces an investigation on behalf of SmartRent, Inc. (“SmartRent” or the “Company”) (NYSE: SMRT ) investors concerning the Company’s possible violations of federal securities laws.

Key Points: 
  • Law Offices of Howard G. Smith announces an investigation on behalf of SmartRent, Inc. (“SmartRent” or the “Company”) (NYSE: SMRT ) investors concerning the Company’s possible violations of federal securities laws.
  • Then, on March 5, 2024, SmartRent released its fourth quarter and full year 2023 financial results and disclosed that it was still “working through” lingering overhang from older contracts.
  • On this news, SmartRent’s stock price fell $0.13, or 4.5%, to close at $2.76 per share on March 5, 2024, thereby injuring investors further.
  • This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

The Law Offices of Frank R. Cruz Announces Investigation of SmartRent, Inc. (SMRT) on Behalf of Investors

Retrieved on: 
Thursday, April 18, 2024
Class Action Lawsuit, Professional Services, Legal, Suite, Law, News, SMRT

The Law Offices of Frank R. Cruz announces an investigation of SmartRent, Inc. (“SmartRent” or the “Company”) (NYSE: SMRT ) on behalf of investors concerning the Company’s possible violations of federal securities laws.

Key Points: 
  • The Law Offices of Frank R. Cruz announces an investigation of SmartRent, Inc. (“SmartRent” or the “Company”) (NYSE: SMRT ) on behalf of investors concerning the Company’s possible violations of federal securities laws.
  • If you are a shareholder who suffered a loss, click here to participate.
  • On this news, SmartRent’s stock price fell $0.13, or 4.5%, to close at $2.76 per share on March 5, 2024, thereby injuring investors further.
  • This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

SmartRent Launches Alloy SmartHome Leak Sensor+

Retrieved on: 
Monday, April 8, 2024
Commercial Building & Real Estate, Software, Construction & Property, Building Systems, Technology, REIT, Other Construction & Property, Residential Building & Real Estate, Water damage, Internet of things, Life, Humidity, Leak, Communication, SMRT, Instrumentation

SmartRent , Inc. (NYSE: SMRT) (“SmartRent” or the “Company”), the leading provider of smart communities and smart operations solutions for the rental housing industry, today announced the launch of its Alloy SmartHome Leak Sensor+.

Key Points: 
  • SmartRent , Inc. (NYSE: SMRT) (“SmartRent” or the “Company”), the leading provider of smart communities and smart operations solutions for the rental housing industry, today announced the launch of its Alloy SmartHome Leak Sensor+.
  • Even with increased performance features, Leak Sensor+ will be offered at the same price point as previous sensor models.
  • “To date, SmartRent has saved more than 134,000 floors from potential damage with our leak detection technology.
  • Leak Sensor+ is our latest device designed from the ground up to improve detection proficiency and accuracy while augmenting the greater smart home ecosystem,” said SmartRent CEO Lucas Haldeman.

SmartRent to Report First Quarter 2024 Financial Results on May 8, 2024

Retrieved on: 
Monday, April 8, 2024
Commercial Building & Real Estate, Software, Construction & Property, Internet, Hardware, Data Management, Technology, Residential Building & Real Estate, Telephone, SMRT

SmartRent, Inc. (NYSE: SMRT), a leading provider of smart communities and smart operations solutions for the rental housing industry, today announced it will release first quarter of financial year 2024 results and host a conference call on Wednesday, May 8.

Key Points: 
  • SmartRent, Inc. (NYSE: SMRT), a leading provider of smart communities and smart operations solutions for the rental housing industry, today announced it will release first quarter of financial year 2024 results and host a conference call on Wednesday, May 8.
  • First quarter 2024 financial results will be released before the market opens and, at 11:30 a.m.
  • ET, Lucas Haldeman, Chief Executive Officer, and Daryl Stemm, Chief Financial Officer, will host a conference call and webcast to discuss the Company’s performance.
  • To avoid delays, participants are encouraged to dial into the conference call 15 minutes ahead of the scheduled start time.

SmartRent Names Alison Dean to Board of Directors

Retrieved on: 
Friday, March 22, 2024
Technology, Residential Building & Real Estate, Commercial Building & Real Estate, Software, Construction & Property, Building Systems, REIT, Boston University, Information technology, CFO, Business administration, Everbridge, IRBT, Dean, Brown University, 3Com, SMRT, Korn Ferry, Economics, Audit committee, IRobot, Management

SmartRent , Inc. (NYSE: SMRT), the leading provider of smart communities and smart operations solutions for the rental housing industry, today announced the addition of Alison Dean, a renowned corporate technology and finance expert, and former iRobot CFO (NASDAQ: IRBT), to its Board of Directors and Audit Committee.

Key Points: 
  • SmartRent , Inc. (NYSE: SMRT), the leading provider of smart communities and smart operations solutions for the rental housing industry, today announced the addition of Alison Dean, a renowned corporate technology and finance expert, and former iRobot CFO (NASDAQ: IRBT), to its Board of Directors and Audit Committee.
  • SmartRent retained Korn Ferry, a notable executive recruiting firm, to conduct the search to fill the company’s open board seat.
  • Dean currently sits on the board of directors for several well-known organizations spanning industries, including Yeti (NYSE: YETI) and Everbridge (NASDAQ: EVBG).
  • “We’re honored to welcome Alison to the SmartRent Board of Directors and Audit Committee,” said SmartRent CEO Lucas Haldeman.

SmartRent Reports Fourth Quarter 2023 Results – Adjusted EBITDA Positive

Retrieved on: 
Tuesday, March 5, 2024
Commercial Building & Real Estate, Technology, Construction & Property, Other Technology, Software, Internet, Hardware, Other Construction & Property, Residential Building & Real Estate, SMRT, ADI, Research, Forecasting, Marketing, ADI Global Distribution, Adjustment, Software as a service, Community

Adjusted EBITDA of $0.7 million and $(19.2) million for Q4 and full year 2023, respectively.

Key Points: 
  • Adjusted EBITDA of $0.7 million and $(19.2) million for Q4 and full year 2023, respectively.
  • Q4 2023 was our first period of generating a positive Adjusted EBITDA compared to Q4 2022 loss of $(14.1) million and fiscal year 2022 loss of $(74.7) million.
  • “In the fourth quarter we achieved our two-year goal to become Adjusted EBITDA profitable, marking a new inflection point in our company's history," said SmartRent CEO Lucas Haldeman.
  • Adjusted EBITDA was $0.7 million for Q4 2023, a $5.8 million improvement from Q3, and $(14.1) million in Q4 2022.

Concerned Stockholder Urges SmartRent Leadership to Address Strategy, Communication, and Governance Matters

Retrieved on: 
Tuesday, February 13, 2024
SMRT, Acquisition, LP, Management, RET, Ambiguity, Senior, Growth, FWAA, Confusion, Investment, Communication, IRR, ARR, ARPU, Software as a service, Economics, Partner, Software

Though we engaged with management privately on multiple occasions, our line of questioning about corporate governance prompted a swift referral to external counsel.

Key Points: 
  • Though we engaged with management privately on multiple occasions, our line of questioning about corporate governance prompted a swift referral to external counsel.
  • We are calling on SmartRent's management team and Board to promptly address and clarify the unresolved issues outlined below, and we urge fellow shareholders to do the same.
  • We believe software revenue, which is recurring and high margin, is the main contributor to SmartRent's enterprise value.
  • However, Mr. Haldeman has increasingly minimized the significance of new units as a KPI4, defensively and ex post facto, in our view.

Global Sequencing Kits Market Analysis Report 2023-2030: Market Driven by Rising Prevalence of Genetic Disorders, Genome Mapping Programs and Decreasing Sequencing Costs Propel Growth - ResearchAndMarkets.com

Retrieved on: 
Monday, February 5, 2024
Biotechnology, Pharmaceutical, Genetics, Health, Developed country, Growth, DSM-IV codes, Research, SMRT, DNA, Government, Biomarker, Prevalence, Incidence, Genetic testing, Drug discovery, Medicine, Genomics, Proteomics, NGS, Cancer, Fine chemical

The "Sequencing Kits Market by Type Technology Application End User - Global Forecast to 2030" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Sequencing Kits Market by Type Technology Application End User - Global Forecast to 2030" report has been added to ResearchAndMarkets.com's offering.
  • The global sequencing kits market is projected to reach $21.9 billion by 2030, at a CAGR of 15.3% from 2023 to 2030.
  • However, the high costs of sequencing kits & reagents and the ethical & legal issues related to DNA sequencing-based diagnosis are factors restraining the growth of this market.
  • Additionally, developing portable sequencing technologies and increasing partnerships & collaborations among NGS product manufacturers to expand and improve product offerings are prominent trends in the sequencing kits & reagents market.

SmartRent to Report Fourth Quarter and Full-Year 2023 Financial Results on March 5, 2024

Retrieved on: 
Monday, January 29, 2024
Commercial Building & Real Estate, Technology, Construction & Property, Other Retail, Software, Internet, Hardware, Retail, Residential Building & Real Estate, Telephone, SMRT

SmartRent, Inc. (NYSE: SMRT), a leading provider of smart communities and smart operations solutions for the rental housing industry, today announced it will release fourth quarter and financial year 2023 results and host a conference call on Tuesday, March 5.

Key Points: 
  • SmartRent, Inc. (NYSE: SMRT), a leading provider of smart communities and smart operations solutions for the rental housing industry, today announced it will release fourth quarter and financial year 2023 results and host a conference call on Tuesday, March 5.
  • Fourth quarter and year- end 2023 financial results will be released before the market opens and, at 10:30 a.m.
  • ET, Lucas Haldeman, Chief Executive Officer, and Daryl Stemm, Chief Financial Officer, will host a conference call and webcast to discuss the Company’s performance.
  • To avoid delays, participants are encouraged to dial into the conference call 15 minutes ahead of the scheduled start time.