Smith Micro Software, Inc. (SMSI) Reports Q3 Loss, Lags Revenue Estimates
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Smith Micro Software, Inc. (SMSI) reported a Q3 loss of $0.30 per share, slightly better than the Zacks Consensus Estimate of a $0.31 loss. However, this is a significant decline from the $0.08 earnings per share reported a year ago.
November 13, 2024 | 11:30 pm
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Smith Micro Software reported a Q3 loss of $0.30 per share, slightly better than expected but a significant decline from last year's earnings.
The reported loss of $0.30 per share, although slightly better than the consensus estimate, represents a significant decline from the previous year's earnings of $0.08 per share. This negative performance is likely to impact the stock price negatively in the short term.
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