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

Smith Micro Software (NASDAQ:SMSI) is scheduled to release its earnings data after the market closes on Thursday, August 1st. Analysts expect Smith Micro Software to post earnings of ($0.35) per share for the quarter.

Smith Micro Software (NASDAQ:SMSI) last announced its quarterly earnings results on Wednesday, May 8th. The software maker reported ($0.57) EPS for the quarter, missing the consensus estimate of ($0.40) by ($0.17). Smith Micro Software had a negative return on equity of 16.04% and a negative net margin of 135.79%. The company had revenue of $5.80 million for the quarter, compared to analyst estimates of $5.80 million. 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 Price Performance

Shares of SMSI opened at $2.44 on Thursday. The firm has a fifty day moving average price of $2.32 and a 200 day moving average price of $3.43. The stock has a market cap of $23.42 million, a PE ratio of -0.46 and a beta of 0.71. Smith Micro Software has a 1-year low of $1.88 and a 1-year high of $14.96.

Wall Street Analyst Weigh In

Separately, StockNews.com began coverage on Smith Micro Software in a research report on Sunday, April 14th. They issued a “hold” rating for the company.

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.