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

Smith Micro Software

05/05/2021 22:33

* Smith Micro Software Inc  SMSI.OQ  reported quarterly adjusted
earnings of 2 cents​​ per share for the quarter ended in March.
The mean expectation of five analysts for the quarter was
for earnings of one cent per share.
* Revenue fell 14.6% to $11.38 million from a year ago​; 
analysts expected $10.92 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 55%
in the last three months.​ 
* In the last 30 days one analyst negatively revised an earnings
estimate and  
* Smith Micro Software Inc shares had fallen by 1.5% this
quarter and held steady so far this year.
* The company reported a quarterly loss of $3.23 million.
* Wall Street's median 12-month price target for Smith Micro
Software Inc is $9.50 
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 5 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
This summary was machine generated May 5 at 09:32 p.m. GMT. ​All
figures in US Dollars.​