Latch GAAP EPS of -$0.13, revenue of $14.1M
Latch reported Q3 GAAP EPS of -$0.13 and revenue of $14.1M, down 19.1% Y/Y. Software revenue grew 18.1% Y/Y to $6.3M, while hardware shipments and services declined. The company attributes the total revenue decrease to lower hardware shipments and installation activity.


