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

Smith Micro Software

18/02/2025 11:02

* Smith Micro Software Inc  SMSI.OQ   SMSI.O  is expected
to show
a fall in quarterly revenue when it reports  results on February
20 (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 $1.39.
​​​

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       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 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.        -0.02       0.03       0.08      Beat    200.3
 30 2023                                                
 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 February 18 at 11:01 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)