Smith Micro Software Q2 Adj EPS $(0.01), Inline, Sales $10.34M Miss $10.66M Estimate
Portfolio Pulse from mahesh@benzinga.com
Smith Micro Software reported Q2 losses of $(0.01) per share, in line with analyst consensus. However, the company's quarterly sales of $10.34 million missed the analyst consensus estimate of $10.66 million by 3.02 percent. This represents a decrease of 18.43 percent compared to the same period last year.
August 09, 2023 | 8:47 pm
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Smith Micro Software's Q2 earnings were in line with estimates, but sales missed the consensus estimate. This could potentially impact the company's stock negatively in the short term.
Smith Micro Software's Q2 earnings met expectations, but the company's sales fell short of the consensus estimate. This could lead to a negative sentiment among investors, potentially causing the stock price to decrease in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100