Streetbeat News

SMSI

Smith Micro Software, Inc.

https://www.smithmicro.com

Industry

Software - Application

Smith Micro Software, Inc. develops and sells software to enhance the mobile experience to wireless and cable service providers worldwide. It offers SafePath Family, SafePath IoT, and SafePath Home 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 providers deliver a next-generation voicemail experience to mobile subscribers, as well as enables multi-language Voice-to-Text transcription messaging. It also offers ViewSpot, a retail display management platform that provides on-screen and interactive demos to wireless carriers and retailers; and technical support and customer services. The company was founded in 1982 and is headquartered in Pittsburgh, Pennsylvania.

Open

0.78

Mkt cap

13M

Volume

93K

High

0.78

P/E Ratio

-0.15

52-wk high

7.52

Low

0.73

Div yield

N/A

52-wk low

0.52

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Portfolio Pulse from Avi Kapoor

September 17, 2024 | 2:05 pm

Intel shares rose 6.9% in pre-market trading due to a strategic collaboration with AWS to advance US-based chip manufacturing. Several other stocks, including Galmed Pharmaceuticals and Smith Micro Software, also saw significant pre-market movements.

Portfolio Pulse from Avi Kapoor

September 17, 2024 | 9:48 am

In Monday's pre-market session, several information technology stocks experienced significant movements. Focus Universal (FCUV) saw a 73.3% increase, while MongoDB (MDB) rose by 18.22% following its Q2 earnings release. Marvell Tech (MRVL) also gained 11.59% after its Q2 earnings. On the downside, Strong Global (SGE) decreased by 10.1%, and OneConnect Financial Tech (OCFT) fell by 8.53%.

Portfolio Pulse from Benzinga Insights

September 02, 2024 | 12:05 pm

The article highlights three oversold tech stocks with potential for recovery: Ouster Inc (OUST), Smith Micro Software Inc (SMSI), and 8×8 Inc (EGHT). These companies have recently reported worse-than-expected financial results, leading to significant stock price declines. However, their low RSI values suggest they may be undervalued, presenting potential buying opportunities.

Portfolio Pulse from Avi Kapoor

August 20, 2024 | 12:37 pm

Smith Micro Software, Inc. (NASDAQ:SMSI) has entered into a marketing engagement agreement with Competitive Carriers Association (CCA) to market its SafePath Global family safety solution to CCA's carrier members. The app will be available on Google Play and the Apple App Store.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 12:10 pm

Smith Micro Software shares are trading lower after the company reported worse-than-expected Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 11:48 am

Smith Micro Software (NASDAQ:SMSI) reported Q2 2024 adjusted EPS of $(0.38), missing the $(0.35) estimate. Sales were $5.140M, below the $5.301M estimate and down 50.28% from last year's $10.338M.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 8:52 pm

Smith Micro Software, Inc. has announced a follow-on offering valued at $4.1 million. This move is aimed at raising additional capital, potentially for expansion, debt reduction, or other corporate purposes. The specifics of how the funds will be used were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

May 10, 2024 | 12:18 pm

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