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

Smith Micro Software

04/03/2025 11:16

Smith Micro Software Inc SMSI.OQ SMSI.O is expected to show a fall in quarterly revenue when it reports  results on March 6 (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 $1.14. ​​​

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 ENDING
STARMINESMARTESTIMATE®
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Sep. 30 2024
-0.31
-0.31
-0.30
Beat
3.2
Jun. 30 2024
-0.35
-0.35
-0.38
Missed
-8.6
Mar. 31 2024
-0.24
-0.24
-0.45
Missed
-87.5​
Dec. 31 2023
-0.20
-0.15
-0.16
Missed
-3.5
​​Sep. 30 2023
-0.02
0.03
0.08
Beat
200.3
Jun. 30 2023
-0.08
-0.12
-0.08
Beat
31​
Mar. 31 2023
-0.59
-0.62
-0.48
Beat
22.1
Dec. 31 2022
-0.66
-0.68
-0.64
Beat
5.9

This summary was machine generated March 4 at 11:16 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)