SmartRent Sees Q4 Adjusted EBITDA of $0-$300,000
Sees Q4 adjusted EBITDA $0-$300,000. "Our expected fourth quarter results reflect the impact of decisive action and disciplined execution over the course of the second half of 2025," said Frank Martell, president and CEO of SmartRent. "Importantly, we delivered on our commitments, including investing in our revenue-generating teams, driving productivity and resetting expense levels, as well as maintaining significant cash reserves."
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Fastest News Alerts: Benzinga Pro offers real-time intelligence and news alerts to help traders stay informed and make winning trades in the stock market.
Exclusive Community Access: Joining Benzinga Pro connects users with over 10,000 serious traders and provides access to exclusive stories and insights from Benzinga reporters.
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- Product Line Expansion: In 2026, smart will launch two new models, the #2 and #6 EHD, marking further innovation and market segmentation in the electric vehicle sector, expected to attract more consumers.
- Customer Service Enhancement: By utilizing AI tools, smart improved customer inquiry response times by 40% in 2025, which not only boosts customer satisfaction but also strengthens brand loyalty and market competitiveness.
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- Retail Network Growth: smart's global retail network grew by 25% over the past year to 688 outlets, with a remarkable 130% increase in new markets across Southeast Asia and Latin America, which will enhance the brand's market penetration.
- Product Line Expansion: smart plans to launch two new models, #2 and #6, in 2026, further diversifying its product portfolio and entering new market segments, which is expected to attract more consumers.
- Customer Service Enhancement: By utilizing AI tools, smart improved customer inquiry response times by 40% in 2025, not only boosting customer satisfaction but also enhancing brand loyalty.
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Focus on Innovation: Ponathil will oversee the development of scalable IT systems and infrastructure, enhancing SmartRent's IoT and smart operations platform with AI-driven insights and intelligent automation.
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Keefe, Bruyette & Woods Maintains Market Perform on SmartRent, Raises Price Target to $1.45
Fastest News Alerts: Benzinga Pro offers real-time intelligence and news alerts to help traders stay informed and make winning trades in the stock market.
Exclusive Community Access: Joining Benzinga Pro connects users with over 10,000 serious traders and provides access to exclusive stories and insights from Benzinga reporters.
