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    SMSI — Smith Micro Software News Story

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    Smith Micro Software Inc expected to post a loss of 11 cents a share - Earnings Preview

    Picture of Smith Micro Software logoSmith Micro Software
    28/02/2025 11:08
    Smith Micro Software Inc SMSI.OQ SMSI.O is expected to show a fall in quarterly revenue when it reports  results on March 3 (estimated) for the period ending December 31 2024

The Pittsburgh Pennsylvania-based  company is expected to report a 40.3% decrease in revenue to $5.133 million from $8.59 million a year ago, according to the mean estimate from 3 analysts, based on LSEG data.The company's guidance on November 13 2024, for the period ended December 31, was for revenue between $5.00 million and $5.20 million.

​LSEG's mean analyst estimate for Smith Micro Software Inc is for a loss of 11 cents per share.

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

The mean earnings estimate of analysts was unchanged in the last three months. ​

Wall Street's median 12-month price target for Smith Micro Software Inc is $5.00​, above​ its last closing price of $1.37. ​​​

The company's guidance on November 13 2024 for the period ended December 31 was for gross profit margin between USD72% and USD75%.

Previous quarterly performance (using preferred earnings measure in US dollars). ​


    QUARTER ENDINGSTARMINESMARTESTIMATE®LSEG IBES ESTIMATEACTUALBEAT, MET, MISSEDSURPRISE %
    Sep. 30 2024-0.31-0.31-0.30Beat3.2
    Jun. 30 2024-0.35-0.35-0.38Missed-8.6
    Mar. 31 2024-0.24-0.24-0.45Missed-87.5​
    Dec. 31 2023-0.20-0.15-0.16Missed-3.5
    ​​Sep. 30 2023-0.020.030.08Beat200.3
    Jun. 30 2023-0.08-0.12-0.08Beat31​
    Mar. 31 2023-0.59-0.62-0.48Beat22.1
    Dec. 31 2022-0.66-0.68-0.64Beat5.9
    

This summary was machine generated February 28 at 11:08 GMT.  All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

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