Smith Micro Software, Inc. (SMSI)
| Market Cap | 24.96M |
| Revenue (ttm) | 35.73M |
| Net Income (ttm) | -48.52M |
| Shares Out | 9.60M |
| EPS (ttm) | -5.44 |
| PE Ratio | n/a |
| Forward PE | 66.23 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 225,012 |
| Open | 2.100 |
| Previous Close | 2.340 |
| Day's Range | 2.070 - 2.670 |
| 52-Week Range | 1.880 - 14.960 |
| Beta | 0.68 |
| Analysts | Strong Buy |
| Price Target | 28.00 (+976.92%) |
| Earnings Date | May 8, 2024 |
About SMSI
Smith Micro Software, Inc. engages in the development and sale of software to enhance the mobile experience to wireless and cable service providers in the Americas, Europe, the Middle East, and Africa. The company offers SafePath Family, SafePath IoT, SafePath Home, and SafePath Premium product suite, which provides tools to protect digital lifestyles and manage connected devices inside and outside the home; and CommSuite, a messaging platform that helps mobile service provides deliver a next-generation voicemail experience to mobile subscriber... [Read more]
Financial Performance
In 2023, SMSI's revenue was $40.86 million, a decrease of -15.77% compared to the previous year's $48.51 million. Losses were -$24.40 million, -16.68% less than in 2022.
Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for SMSI stock is "Strong Buy." The 12-month stock price forecast is $28.0, which is an increase of 976.92% from the latest price.
News
Smith Micro Announces Follow-on Offering
PITTSBURGH--(BUSINESS WIRE)--Smith Micro Software, Inc. (the “Company” or “Smith Micro”) (NASDAQ: SMSI), a software development company that sells proven solutions to wireless service providers, today...
Smith Micro Reports First Quarter 2024 Financial Results
PITTSBURGH--(BUSINESS WIRE)---- $SMSI #SaaS--Smith Micro Software, Inc. (Nasdaq: SMSI) (“Smith Micro” or the “Company”) today reported financial results for its first quarter ended March 31, 2024. “In...
Smith Micro Introduces New Affiliate Influencer and Retail Ambassador Marketing Programs for Promotion of its SafePath®-Based Solutions
PITTSBURGH--(BUSINESS WIRE)---- $SMSI #SaaS--Smith Micro Software, Inc. (Nasdaq: SMSI) today announced two new marketing programs to help drive subscriber growth of mobile operators' SafePath-based so...
Smith Micro Schedules Teleconference to Announce First Quarter 2024 Financial Results
PITTSBURGH--(BUSINESS WIRE)---- $SMSI #SaaS--Smith Micro Software, Inc. (NASDAQ: SMSI) today announced that it will report its first quarter 2024 results following the close of regular trading on Wedn...
Smith Micro Regains Compliance with Nasdaq Minimum Bid Price Requirement
PITTSBURGH, Pa.--(BUSINESS WIRE)--Smith Micro Software, Inc. (Nasdaq: SMSI) (“Smith Micro” or the “Company”), announced today that it has received notice from The Nasdaq Stock Market informing the Com...
Smith Micro Announces 1-for-8 Reverse Stock Split
PITTSBURGH--(BUSINESS WIRE)---- $SMSI #SaaS--Smith Micro Software, Inc. (Nasdaq: SMSI) (“Smith Micro” or the “Company”), announced today that the Company's Board of Directors has approved a 1-for-8 re...
Smith Micro Announces New Agreement with a Mobile Operator in the US for Deployment of Its SafePath Platform
PITTSBURGH--(BUSINESS WIRE)--Smith Micro Software, Inc. (Nasdaq: SMSI) announced that it has a signed a new agreement with a U.S.-based mobile operator for deployment of the SafePath® solution to its ...
Top 5 Tech Stocks That Could Blast Off In March - Endava (NYSE:DAVA), Aurora Innovation (NASDAQ:AUR)
The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies.
Smith Micro Reports Fourth Quarter and Fiscal Year 2023 Financial Results
PITTSBURGH--(BUSINESS WIRE)---- $SMSI #SaaS--Smith Micro Software, Inc. (Nasdaq: SMSI) (“Smith Micro” or the “Company”) today reported financial results for its fourth quarter and fiscal year ended De...
Smith Micro Announces New SafePath OS™ Solution Expanding its Focus on Family Safety
PITTSBURGH--(BUSINESS WIRE)---- $SMSI #SaaS--Smith Micro Software, Inc. (Nasdaq: SMSI) today introduced SafePath OS™, a new family safety solution to be built on the Android operating system, which fo...
Smith Micro Schedules Teleconference to Announce Fourth Quarter and Fiscal Year 2023 Financial Results
PITTSBURGH--(BUSINESS WIRE)---- $SMSI #SaaS--Smith Micro Software, Inc. (NASDAQ: SMSI) today announced that it will report its fourth quarter 2023 and fiscal year 2023 financial results following the ...
Smith Micro Retires Senior Secured Convertible Notes
PITTSBURGH--(BUSINESS WIRE)---- $SMSI #SaaS--Smith Micro Software, Inc. (Nasdaq: SMSI) announced that the senior secured convertible notes that it issued in August of 2022 to certain accredited invest...
Leading Tier 1 European Mobile Operator Signs New SafePath® Multiyear Contract with Smith Micro
PITTSBURGH--(BUSINESS WIRE)---- $SMSI #SaaS--Smith Micro Software, Inc. (Nasdaq: SMSI) announces that it has signed a multi-year agreement to provide its flagship SafePath® Digital Family Lifestyle™ s...
Smith Micro Reports Third Quarter and Year-to-Date 2023 Financial Results
PITTSBURGH--(BUSINESS WIRE)---- $SMSI #SaaS--Smith Micro Software, Inc. (Nasdaq: SMSI) (“Smith Micro” or the “Company”) today reported financial results for its third quarter ended September 30, 2023....
Smith Micro Announces New Enhanced Solutions to SafePath® Platform for 2024
PITTSBURGH--(BUSINESS WIRE)---- $SMSI #SaaS--Smith Micro Software, Inc. (Nasdaq: SMSI), a leading provider of innovative, white-labeled Family Digital Lifestyle™ solutions featuring location-based ser...
Smith Micro Schedules Teleconference to Announce Third Quarter and Year-to-Date 2023 Financial Results
PITTSBURGH--(BUSINESS WIRE)---- $SMSI #SaaS--Smith Micro Software, Inc. (NASDAQ: SMSI) today announced that it will report its third quarter and year-to-date 2023 financial results following the close...
U.S. Tier 1 Carrier Launches Upgraded Family Security Application Powered by Smith Micro's SafePath® Platform
PITTSBURGH--(BUSINESS WIRE)---- $SMSI #SaaS--Smith Micro Software, Inc. (NASDAQ: SMSI) (Smith Micro) today announced that a major U.S. carrier has launched an upgraded version of its family safety app...
Smith Micro Reports Second Quarter and Year-to-Date 2023 Financial Results
PITTSBURGH--(BUSINESS WIRE)---- $SMSI #SaaS--Smith Micro Software, Inc. (NASDAQ: SMSI) (“Smith Micro” or the “Company”) today reported financial results for its second quarter ended June 30, 2023. “Th...
Smith Micro Schedules Teleconference to Announce Second Quarter and Year-to-Date 2023 Financial Results
PITTSBURGH--(BUSINESS WIRE)---- $SMSI #SaaS--Smith Micro Software, Inc. (NASDAQ: SMSI) today announced that it will report its second quarter and year-to-date 2023 financial results following the clos...
Smith Micro Reports First Quarter 2023 Financial Results
PITTSBURGH--(BUSINESS WIRE)---- $SMSI #SaaS--Smith Micro Software, Inc. (NASDAQ: SMSI) (“Smith Micro” or the “Company”) today reported financial results for its first quarter ended March 31, 2023. “We...
Smith Micro Schedules Teleconference to Announce First Quarter 2023 Financial Results
PITTSBURGH--(BUSINESS WIRE)---- $SMSI #SaaS--Smith Micro Software, Inc. (NASDAQ: SMSI) today announced that it will report its first quarter 2023 financial results following the close of regular tradi...
Smith Micro to Speak at Mobile Carriers Show Presented by Competitive Carriers Association (CCA)
PITTSBURGH--(BUSINESS WIRE)---- $SMSI #SaaS--Smith Micro Software, Inc. (Nasdaq: SMSI) (“Smith Micro” or the “Company”) today announced that they will be presenting and leading a roundtable discussion...
Top 5 Tech Stocks That Could Blast Off - Casa Systems (NASDAQ:CASA), DZS (NASDAQ:DZSI)
The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies.
Smith Micro Executes Previously Announced Cost Reduction Plans
PITTSBURGH--(BUSINESS WIRE)---- $SMSI #SaaS--Smith Micro Software, Inc. (Nasdaq: SMSI) (“Smith Micro” or the “Company”) today provided an update to its previously announced cost reduction initiatives....
Smith Micro Reports Fourth Quarter and Fiscal Year 2022 Financial Results
PITTSBURGH--(BUSINESS WIRE)---- $SMSI #SaaS--Smith Micro Software, Inc. (NASDAQ: SMSI) (“Smith Micro” or the “Company”) today reported financial results for its fourth quarter and fiscal year ended De...