Smith Micro Software Inc <SMSI.OQ> expected to post a loss of 11 cents a share - Earnings Preview

• Smith Micro Software Inc SMSI.OQ SMSI.O is expected to show a fall in quarterly revenue when it reports results on May 7 for the period ending March 31 2025

• The Pittsburgh Pennsylvania-based company is expected to report a 10.2% decrease in revenue to $5.209 million from $5.8 million a year ago, according to the mean estimate from 3 analysts, based on LSEG data.The company's guidance on March 11 2025, for the period ended March 31, was for revenue between $4.60 million and $5.00 million.

• ​LSEG's mean analyst estimate for Smith Micro Software Inc is for a loss of 11 cents per share.

• 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 mean earnings estimate of analysts was unchanged in the last three months. ​

• Wall Street's median 12-month price target for Smith Micro Software Inc is $5.00​, above​ its last closing price of $1.05. ​​​

The company's guidance on March 11 2025 for the period ended March 31 was for gross profit margin between USD72% and USD75%.

Previous quarterly performance (using preferred earnings measure in US dollars). ​

This summary was machine generated May 5 at 21:14 GMT. 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)