Smith Micro Software Inc reports results for the quarter ended March 31 - Earnings Summary

Smith Micro Software

07/05/2025 22:44

Smith Micro Software Inc SMSI.OQ reported a quarterly adjusted loss of 16 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -45 cents.  The mean expectation of three analysts for the quarter was for a loss of 11 cents per share.

Revenue fell 20.3% to $4.62 million from a year ago; analysts expected $5.21 million.

Smith Micro Software Inc's reported EPS for the quarter was a loss of 28 cents​.

The company reported a quarterly loss of $5.18 million.

Smith Micro Software Inc shares had risen by 26.1% this quarter and lost 29.5% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 120% 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 3 "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 $5.00

This summary was machine generated from LSEG data May 7 at 09:44 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
Mar. 31 2025
-0.11
-0.16
Missed
Dec. 31 2024
-0.11
-0.11
Met
Sep. 30 2024
-0.31
-0.30
Beat
Jun. 30 2024
-0.35
-0.38
Missed