Smith Micro Software Inc reports results for the quarter ended June 30 - Earnings Summary
Smith Micro Software Inc reports results for the quarter ended June 30 - Earnings Summary
Smith Micro Software Inc SMSI.OQ reported a quarterly adjusted loss of 52 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $-1.35. The mean expectation of two analysts for the quarter was for a loss of 28 cents per share. Wall Street expected results to range from -45 cents to -12 cents per share.
Revenue fell 1.8% to $4.34 million from a year ago; analysts expected $4.70 million.
Smith Micro Software Inc's reported EPS for the quarter was a loss of 52 cents.
The company reported a quarterly loss of $2.74 million.
Smith Micro Software Inc shares had risen by 13.4% this quarter and gained 12.6% so far this year.
FORECAST CHANGES
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.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the software peer group is also "buy"
Wall Street's median 12-month price target for Smith Micro Software Inc is $16.25, about 81.3% above its last closing price of $3.04
This summary was machine generated from LSEG data August 13 at 09:00 p.m. UTC. 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)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | -0.28 | -0.52 | Missed |
Mar. 31 2026 | -0.75 | -0.75 | Met |
Dec. 31 2025 | -0.95 | -1.00 | Missed |
Sep. 30 2025 | -1.17 | -1.25 | Missed |
Recent news on Smith Micro Software
See all newsSmith Micro Software Inc reports results for the quarter ended June 30 - Earnings Summary
Smith Micro Software's Q2 adj net loss narrows
Smith Micro Software Inc expected to post a loss of 28 cents a share - Earnings Preview
Smith Micro Software Inc expected to post a loss of 28 cents a share - Earnings Preview
NASDAQ TRADE HALT VOLATILITY TRADING PAUSE AT 03:46 PM