SmartRentNYSE: SMRT

SCOTTSDALE, Ariz.--(BUSINESS WIRE)-- #housingwire--SmartRent, Inc. today announced the addition of Frank Martell, President and CEO of loanDepot, Inc., to its Board of Directors.

SmartRent: Profitability On The Horizon

Investors interested in Technology Services stocks are likely familiar with Telus International (TIXT) and SmartRent, Inc. (SMRT). But which of these two stocks offers value investors a better bang for their buck right now?

Investors looking for stocks in the Technology Services sector might want to consider either Telus International (TIXT) or SmartRent, Inc. (SMRT). But which of these two stocks presents investors with the better value opportunity right now?

Does SmartRent, Inc. (SMRT) have what it takes to be a top stock pick for momentum investors? Let's find out.

SmartRent, Inc. (SMRT) came out with a quarterly loss of $0.04 per share versus the Zacks Consensus Estimate of a loss of $0.05. This compares to loss of $0.13 per share a year ago.

Today, we take an updated look at SmartRent, Inc., a company that offers building hardware and cloud-based software solutions for rental property owners and operators. The company is delivering solid revenue growth, has a rock-solid balance sheet, and is moving toward profitability. An updated analysis follows in the paragraphs below.

SmartRent, Inc. (SMRT) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--SmartRent, Inc. (NYSE: SMRT), a leading provider of smart home and smart building automation solutions for residents, property owners, managers, developers and homebuilders, today announced it will release third quarter 2023 financial results and host a conference call on Tuesday November 7. Third quarter financial results will be released before the market opens and, at 10:30 a.m. ET, Lucas Haldeman, Chief Executive Officer, and Hiroshi Okamoto, Chief Financ.