Smith Micro Software (SMSI) Scheduled to Post Quarterly Earnings on Thursday

Smith Micro Software (NASDAQ:SMSI) is scheduled to be posting its quarterly earnings results after the market closes on Thursday, August 1st. Analysts expect Smith Micro Software to post earnings of ($0.35) per share for the quarter. Individual interested in registering for the company’s earnings conference call can do so using this link.

Smith Micro Software (NASDAQ:SMSI) last posted its earnings results on Wednesday, May 8th. The software maker reported ($0.57) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.40) by ($0.17). The company had revenue of $5.80 million during the quarter, compared to the consensus estimate of $5.80 million. Smith Micro Software had a negative net margin of 135.79% and a negative return on equity of 16.04%. On average, analysts expect Smith Micro Software to post $-2 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Smith Micro Software Trading Down 2.8 %

SMSI stock opened at $2.44 on Wednesday. Smith Micro Software has a 1 year low of $1.88 and a 1 year high of $14.96. The stock’s fifty day moving average is $2.30 and its two-hundred day moving average is $3.31.

Wall Street Analysts Forecast Growth

Separately, StockNews.com assumed coverage on Smith Micro Software in a research note on Sunday, April 14th. They issued a “hold” rating on the stock.

About Smith Micro Software

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 subscribers, as well as enables multi-language voice-to-text (VTT) transcription messaging.