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

Smith Micro Software

11/08/2022 22:02

* Smith Micro Software Inc  SMSI.OQ  reported a quarterly
adjusted
loss of 9 cents​​ per share for the quarter ended in June. The
mean expectation of four analysts for the quarter was for a loss
of 9 cents per share.
    * Revenue fell 20.4% to $12.67 million from a year ago;
analysts
expected $12.34 million. 
    * Smith Micro Software Inc's reported EPS for the quarter
was a
loss of 15 cents​.
    * The mean earnings estimate of analysts was unchanged 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 risen by 25.9% this
quarter and lost 36.8% so far this year.
    * The company reported a quarterly loss of $8.49 million.
    * Wall Street's median 12-month price target for Smith Micro
Software Inc is $6.63 
    * 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 from Refinitiv data August 11
at 09:02 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      -0.09          -0.09          Met
 Mar. 31 2022      -0.08          -0.08          Met
 Dec. 31 2021      -0.03          -0.04          Missed
 Sep. 30 2021      0.00           0.00           Met