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Smith Micro Software Inc   (SMSI)
Other Ticker:  
 
    Sector  Technology    Industry Software & Programming
   Industry Software & Programming
   Sector  Technology
 
Price: $0.4401 $-0.05 -10.165%
Day's High: $0.489 Week Perf: -44.29 %
Day's Low: $ 0.44 30 Day Perf: -47.37 %
Volume (M): 732 52 Wk High: $ 1.87
Volume (M$): $ 322 52 Wk Avg: $1.09
Open: $0.48 52 Wk Low: $0.44



 Market Capitalization (Millions $) 28
 Shares Outstanding (Millions) 64
 Employees 161
 Revenues (TTM) (Millions $) 40
 Net Income (TTM) (Millions $) -24
 Cash Flow (TTM) (Millions $) -7
 Capital Exp. (TTM) (Millions $) 0

Smith Micro Software Inc

Smith Micro develops software to simplify and enhance the mobile experience, providing solutions to leading wireless service providers, device manufacturers, and wireless users around the world. From optimizing wireless networks to uncovering customer experience insights, and from providing visual access to wireless voicemail to ensuring family safety, our solutions enrich connected lifestyles while creating new opportunities to engage consumers via smartphones. We also provide a services platform for the Internet of Things (“IoT”) that enables comprehensive device management and firmware over-the-air (“FOTA”) updates for various types of connected devices. In addition, Smith Micro’s portfolio includes a wide range of products for creating, sharing, and monetizing rich content, such as visual messaging and 2D/3D graphics applications. With this as a focus, it is Smith Micro’s mission to help our customers thrive in a connected world.

For more than three decades, Smith Micro has developed deep expertise in embedded software for mobile devices, policy-based management platforms, and highly-scalable client and server applications. Tier 1 mobile network operators, cable providers, original equipment manufacturers (“OEM”)/device manufacturers, and enterprise businesses across a wide range of industries use our software to capitalize on the growth of connected consumers, mobile apps, vehicle telematics, and smart cities.

In general, we help our customers:

Provide valuable digital lifestyle services, such as family location services, parental controls, and device security, to mobile consumers;

Manage mobile devices over-the-air for maximum performance, efficiency, reliability and cost-effectiveness;

Provide easy visual access to wirelessly delivered voicemail messages, while also providing easy conversion of voice messages to text messages;

Optimize wireless networks, reduce operational costs, and deliver “best-connected” user experiences;

Efficiently and securely manage connected devices comprising the IoT; and

Design and create 2D and 3D digital illustrations, animation and figure design with easy-to-use, professional-grade graphics software.

We continue to innovate and evolve our business to take advantage of industry trends and opportunities in emerging markets, such as digital lifestyle services and online safety, “Big Data” analytics, automotive telematics, and the industrial IoT. The key to our longevity, however, is not simply technological innovation, but a never-ending focus on customer value.

Our business is focused on two industry segments: Wireless and Graphics. We do not separately allocate operating expenses, nor do we allocate specific assets to these segments. Therefore, segment information reported includes only revenues.



   Company Address: 5800 Corporate Drive Pittsburgh 15237 PA
   Company Phone Number: 837-5300   Stock Exchange / Ticker: NASDAQ SMSI
   SMSI is expected to report next financial results on March 21, 2024.


Customers Net Income grew by SMSI's Customers Net Profit Margin grew to

137.45 %

21.31 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
ADBE        2.46% 
ORCL        0.54% 
THRY   -3.74%    
VRSN   -0.42%    
• View Complete Report
   



Smith Micro Software Inc

Smith Micro Software Inc Reports a Deficit of $-0.08 per Share in Q4 20232.



Smith Micro Software Inc, a Software & Programming company, recently released its financial results for the October to December 31, 2023 timeframe. The report revealed a significant decline in revenue, accompanied by losses in earnings per share. This article aims to interpret these results and explore their potential impact on the company's future.
Revenue Decline and Earnings Losses:
Over the specified timeframe, Smith Micro Software Inc experienced a concerning revenue decline of -19.763% from $11.41 million to $9.15 million, when compared to the corresponding reporting season a year before. Sequentially, revenue deteriorated by -12.623% from $10.47 million. In contrast, the Software & Programming sector, excluding Smith Micro, witnessed a revenue growth of 9.00% during the same period.
Furthermore, the company reported a net deficit of $-6.711 million for the October to December 31, 2023 timeframe, as opposed to a deficit of $-7.972 million in the corresponding reporting season a year ago. Additionally, the company noted a net loss of $-24.40 million for the fiscal year 2023, with revenue totaling $40.30 million, reflecting a decline of -16.92% compared to the previous fiscal year.

Smith Micro Software Inc

Smith Micro Software Inc Cuts Losses and Battles Soft Sales, Shaking Up Q3 Earnings Season



Smith Micro Software Inc (NASDAQ: SMSI) recently witnessed a significant decline in its share value, impacting its year-to-date performance. The company's financial results for the third quarter and year-to-date 2023 reveal a reduction in losses and declining revenue. With the company set to report further financial earnings in the upcoming weeks, it is essential to analyze how these recent developments will affect Smith Micro Software Inc going forward.
Declining Shares and Year-to-Date Performance:
Over the past week, Smith Micro Software Inc shares plummeted by -19.34%. This sharp decline has contributed to the company's year-to-date performance, which currently stands at -61.11%. Investors might be concerned about the sustained negative trend in the share value. However, it is crucial to consider the context and underlying financial factors affecting the company before making any assumptions about its long-term prospects.

Smith Micro Software Inc

Smith Micro Software Inc Shows Promising Recovery with Diminishing Losses in Fiscal Year Ending June 30, 2023



Smith Micro Software Inc (SMSI) has experienced a challenging fiscal span closing June 30, 2023, marked by dwindling revenues, persistent losses, and a weakened financial position. Despite a slight improvement in earnings per share (EPS) compared to the prior reporting period, the significant decline in revenues and mounting net deficit suggest deteriorating performance for the company. Furthermore, despite a recent uptick in share price, the company's year-to-date performance remains poor, signaling a bearish outlook for the foreseeable future.
Declining Revenues and Net Deficit:
In the fiscal span ending June 30, 2023, Smith Micro Software Inc witnessed a significant decrease in revenues. The company experienced a decline of 23.079% from $12.67 million to $9.75 million compared to the corresponding reporting period a year prior. Additionally, the sequential revenue deterioration of 10.805% from $10.93 million highlights the company's struggle to sustain its growth trajectory.

Smith Micro Software Inc

Smith Micro Software Inc makes significant strides in reducing losses during most recent fiscal period

Smith Micro Software Inc, a software company specializing in developing and marketing mobile and wireless solutions, has managed to reduce its losses in the most recent fiscal period. This comes in spite of a reduction in revenue, which decreased by 14.174% to $10.93 million relative to $12.74 million in the same reporting period a year ago.
The reduction in revenue may be concerning, but the fact that Smith Micro Software Inc has reduced its losses is a positive development. The shortfall per share was $-0.11, compared to $-0.13 the previous year. This reduction represents a 15.38% improvement in losses.






 

Smith Micro Software Inc's Segments
 
 
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  Company Estimates  
  Revenue Outlook
Smith Micro Software Inc does not provide revenue guidance.

Earnings Outlook
Smith Micro Software Inc does not provide earnings estimates.

 
Geographic Revenue Dispersion




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