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

Smith Micro Software

02/05/2025 13:28

Smith Micro Software Inc SMSI.OQ SMSI.O is expected to show a fall in quarterly revenue when it reports  results on May 6 for the period ending March 31 2025

The Pittsburgh Pennsylvania-based  company is expected to report a 10.2% decrease in revenue to $5.209 million from $5.8 million a year ago, according to the mean estimate from 3 analysts, based on LSEG data.The company's guidance on March 11 2025, for the period ended March 31, was for revenue between $4.60 million and $5.00 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 $1.06. ​​​

The company's guidance on March 11 2025 for the period ended March 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 %
Dec. 31 2024
-0.11
-0.11
-0.11
Met
0
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

This summary was machine generated May 2 at 12:28 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)