Latch Reports Q1 GAAP EPS of -$0.04 and Revenue of $15.7M
Latch (OTCMKTS:LTCH) reported a first-quarter loss per share of $0.04 with revenue declining slightly to $15.7 million, down 0.6% year-over-year. However, the company's adjusted EBITDA loss narrowed by 45.7%, and software revenue rose 19.1% due to growth in its DOOR platform subscriptions.
Topics: Adjusted EBITDA Earnings Revenue Growth