Smith Micro Software

Smith Micro Software, Inc. engages in the provision of software solutions. It operates through Wireless segment. The Wireless segment refers to wireless internet solutions to access information and entertainment anytime and anywhere. Its products include SafePath Family, SafePath IoT, SafePath Home, CommSuite VVM, CommSuite VTT, and ViewSpot. The company was founded by William W. Smith Jr. on November 30, 1982 and is headquartered in Pittsburgh, PA.

Earnings data Q4 2020

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Smith Micro Software cuts costs, eyes profitability with Tier 1 growth

Smith Micro Software's Q4 2022 performance reflected revenue decline, but strategic expense reductions and focus on profitability signal a positive outlook. Challenges include meeting growth expectations and improving margins, while opportunities exist in customer expansion and product innovation.

Smith Micro Software (SMSI) reports stable Q1 revenue, focuses on cost savings and strategic partnerships

Smith Micro Software (SMSI) reported stable revenue but highlighted cost reduction initiatives and operational efficiencies to drive savings and improve financial performance.
The company's focus on partnerships with major telecom players and new sales activities signals growth opportunities amidst market challenges and competition.
While facing revenue declines and net losses, Smith Micro Software (SMSI) remains optimistic about its strategic initiatives, including the AT&T migration and ViewSpot business expansion.

Smith Micro Software reports Q2 revenue decline but improves margins

Smith Micro Software's Q2 2023 performance reflects revenue decline but improved gross margin and cost management.
The company is focused on profitability, with growth opportunities through key partnerships and operational efficiencies.
Challenges include revenue declines in specific segments and the need for clearer communication on key metrics.
Overall, Smith Micro Software aims for revenue growth, margin expansion, and cost optimization in the upcoming quarters.

Smith Micro Software (SMSI) reports resilient Q3 performance and growth plans

Smith Micro Software (SMSI) navigated challenges to achieve strong financial performance in Q3 2023.
The company's focus on family safety and innovation drives growth opportunities in the market.
Despite expected revenue declines in Q4, plans for 2024 signal a strategic focus on expansion and new product offerings.
CEO Bill Smith's emphasis on growth and gratitude for participation reflect a positive outlook for the company's future.

Smith Micro Software reports Q4 revenue decline, highlights growth initiatives

Smith Micro Software navigated challenges in 2023, focusing on innovation and growth opportunities. Despite revenue declines, the company showcased strengths in product launches and industry recognition. Efforts with key partners and plans for strategic flexibility position Smith Micro for future success.

Smith Micro Software aims for growth amidst revenue challenges

Smith Micro Software is focused on returning to growth and profitability, with key milestones achieved for revenue growth. The company faces challenges in decreasing financial metrics but has opportunities for revenue growth through new marketing programs and partnerships. Cost reduction actions and innovative product development are key strategies to achieve profitability and drive subscriber growth.

Smith Micro Software reports Q2 revenue decline, focuses on innovation

Smith Micro Software faced revenue challenges in Q2 2024 due to the conclusion of a major contract, but demonstrated effective cost management and innovation in product launches.
While revenue from certain segments declined, the company's focus on cost reduction and strategic partnerships provides a foundation for future growth and market expansion.
Addressing revenue declines and optimizing product performance will be key priorities to improve profitability and capitalize on emerging opportunities in the market.

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Smith Micro Software, Inc. engages in the provision of software solutions. It offers wireless internet solutions which enable access to information and entertainment. Its products include SafePath Family, SafePath IoT, SafePath Home, CommSuite VVM, CommSuite VTT, and ViewSpot. The company was founded by William W. Smith Jr. on November 30, 1982 and is headquartered in Pittsburgh, PA.

PITTSBURGH--(BUSINESS WIRE)--Smith Micro Software, Inc. (NASDAQ: SMSI) (“Smith Micro” or the “Company”) today reported financial results for its second quarter ended June 30, 2022. “During the second quarter, we made significant progress on several key milestones related to the integration of our prior acquisitions of our two largest competitors. The consolidation of the best features and functionality of each solution into our Digital Family Lifestyle™ Platform has required a substantial inves

Smith Micro Reports Second Quarter 2022 Financial Results

PITTSBURGH--(BUSINESS WIRE)--Smith Micro Software, Inc. (NASDAQ: SMSI) today announced that it will report its second quarter 2022 financial results following the close of regular trading on Thursday, August 11, 2022. The news release will be followed by a teleconference available to all interested parties at 4:30 pm ET / 1:30 pm PT. The Smith Micro second quarter conference call may be accessed as follows: Date and Time:   Thursday, August 11, 2022, 4:30pm ET / 1:30pm PT.       News Release:

Smith Micro Schedules Teleconference to Discuss Second Quarter 2022 Financial Results

Smith Micro offers software that interacts with smartphones and Internet of Things devices for customers to protect the family's digital lifestyle. Besides, management acquired assets from large software conglomerates like Avast. So, Smith Micro's financial ratio could look like that of other large corporations.

Smith Micro May Benefit From IoT Growth And New Partnerships

Smith Micro Software, Inc. (NASDAQ:SMSI ) Q1 2022 Earnings Conference Call May 4, 2022 4:30 PM ET Company Participants Charles Messman - VP, IR and Corporate Development Bill Smith - Chairman, President and CEO James Kempton - CFO Conference Call Participants Josh Nichols - B. Riley Jim McIlree - Dawson James Bruce Goldfarb - Lake Street Capital Markets Operator 00:05 Good afternoon, and welcome to the First Quarter 2022 Earnings Conference Call of Smith Micro.

Smith Micro Software, Inc. (SMSI) CEO Bill Smith on Q1 2022 Results - Earnings Call Transcript

PITTSBURGH--(BUSINESS WIRE)---- $SMSI #SaaS--With more than 30 years of experience as the driving force behind sales of technology solutions to communications providers and enterprises globally, Von Cameron has joined the executive leadership team at Smith Micro Software, a leading provider of technology solutions and applications to wireless service providers and cable multiple system operators (MSOs) around the world. Cameron will serve as Chief Revenue Officer where he will be responsible for guiding the co

Smith Micro Welcomes Sales Leader Von Cameron as Chief Revenue Officer

PITTSBURGH--(BUSINESS WIRE)---- $SMSI #conferencecall--Smith Micro Software, Inc. (NASDAQ: SMSI) (“Smith Micro” or the “Company”) today reported financial results for its first quarter ended March 31, 2022. “Our efforts in the first quarter, highlighted by the successful launch of SafePath® 7 at a Tier One U.S wireless carrier, are expected to be catalysts to support and grow our revenues in future periods,” said William W. Smith, Jr., President and CEO of Smith Micro Software. “We continue to invest in the critical dev

Smith Micro Reports First Quarter 2022 Financial Results

PITTSBURGH--(BUSINESS WIRE)---- $SMSI #conferencecall--Smith Micro Software, Inc. (NASDAQ: SMSI) today announced that it will report its first quarter 2022 financial results following the close of regular trading on Wednesday May 4, 2022. The news release will be followed by a teleconference available to all interested parties at 4:30pm ET / 1:30pm PT. The Smith Micro first quarter conference call may be accessed as follows: Date and Time: Wednesday May 4, 2022, 4:30pm ET / 1:30pm PT.   News Release: Available at Smith

Smith Micro Schedules Teleconference to Discuss First Quarter 2022 Financial Results

PITTSBURGH--(BUSINESS WIRE)---- $SMSI--Smith Micro Announces the Addition of Two New Members to Company's Board of Directors

Smith Micro Appoints New Members to the Board of Directors

PITTSBURGH--(BUSINESS WIRE)---- $SMSI--Smith Micro Software, Inc. (NASDAQ: SMSI) (“Smith Micro” or the “Company”) today announced that on March 31 2022, the Company entered into a secured revolving credit facility with Wells Fargo Bank, National Association. This revolving line of credit provides the Company with borrowings of up to $7.0 million that can be utilized to finance the Company's working capital requirements and other general corporate purposes. The credit facility has a term of one year but m

Smith Micro Announces $7.0 Million Revolving Credit Facility

PITTSBURGH--(BUSINESS WIRE)---- $SMSI #digitalfamilysafety--Smith Micro Launches First SafePath 7 Deployment at U.S. Based Tier 1 Wireless Carrier

Smith Micro Announces First Deployment of SafePath® 7 Technology

By Ben Rabizadeh, Founder of StoryTrading. Smith Micro Software, Inc (NASDAQ: SMSI) is up sharply today +10% on reports that this stock is finally seeing the launch of it's Safe Path 2.0 platform at T-Mobile.

SMSI Is Up By 10% After New Platform Launch

SMSI's 4Q21 results and 1Q22 guidance were weak, leading to the stock selling off by 25% following their report.

Smith Micro: Investors Missing The Forest For The Trees

Smith Micro Sells Off, But The Prospects Remain.

The company reported fourth-quarter results that disappointed investors.

Why Smith Micro Software Stock Plunged Today

Smith Micro Software, Inc. (SMSI) CEO Bill Smith on Q4 2021 Results - Earnings Call Transcript

PITTSBURGH--(BUSINESS WIRE)---- $SMSI #commsuite--Smith Micro Announces Fourth Quarter 2021 Financial Results

Smith Micro Reports Fourth Quarter and Fiscal Year 2021 Financial Results

PITTSBURGH--(BUSINESS WIRE)---- $SMSI #conferencecall--Smith Micro Software, Inc. (NASDAQ: SMSI) today announced that it will report its fourth quarter and fiscal year 2021 financial results following the close of regular trading on Thursday, March 10, 2022. The news release will be followed by a teleconference available to all interested parties at 4:30pm ET / 1:30pm PT. The Smith Micro fourth quarter and fiscal year 2021 conference call may be accessed as follows: Date and Time: Thursday March 10, 2022, 4:30pm ET / 1:

Smith Micro Schedules Teleconference to Discuss Fourth Quarter and Fiscal Year 2021 Financial Results

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Following years of improving its product and strategically positioning itself, SMSI landed its long-anticipated contract with T-Mobile just this month.

Smith Micro: 2022 Should Be Huge

It was a long wait but the company finally signed the contract with T-Mobile, enabling it to replicate the success the company had with Sprint with 3x the subscriber base. This is highly likely as the contract is similar in structure to the old contract with Sprint and there are 3 legacy apps that will migrate.

Smith Micro Set For Multiple Year Expansion

Smith Micro Software Inc. (SMSI) CEO Bill Smith on Q3 2021 Earnings Call Transcript

PITTSBURGH--(BUSINESS WIRE)--Smith Micro Software Reports Third Quarter 2021 Financial Results

Smith Micro Reports Third Quarter 2021 Financial Results

Smith Micro Software, Inc. (SMSI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Smith Micro Software, Inc. (SMSI) Q3 Earnings Expected to Decline

PITTSBURGH--(BUSINESS WIRE)---- $SMSI--Smith Micro Schedules Teleconference to Discuss Third Quarter 2021 Financial Results.

News for Smith Micro Software Stock (SMSI)