Smith Micro Software Inc reports results for the quarter ended in December - Earnings Summary

Smith Micro Software

11/03/2022 09:38

* Smith Micro Software Inc  SMSI.OQ  reported a quarterly
adjusted
loss of 4 cents​​ per share for the quarter ended in December.
The mean expectation of four analysts for the quarter was for a
loss of 3 cents per share.
    * Revenue rose 18.2% to $14.68 million from a year ago; 
analysts
expected $15.23 million. 
    * Smith Micro Software Inc's reported EPS for the quarter
was a
loss of 7 cents​.
    * The mean earnings estimate of analysts had fallen by
about 48.1%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Smith Micro Software Inc shares had fallen by 21.3% this
quarter.
    * The company reported a quarterly loss of $4.01 million.
    * Wall Street's median 12-month price target for Smith Micro
Software Inc is $10.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated March 11 at 09:38 a.m.  ​All
figures in US dollars unless otherwise stated