Smith Micro Software Inc (SMSI)
Smith Micro Software Inc (SMSI) is a software company specializing in mobile and digital life management solutions. Founded in 1988, it offers products for mobile device management, content management, and visual communications, serving consumers and enterprise clients with tools for device security, customer engagement, and multimedia content.
Company News
Smith Micro Software reported a wider-than-expected Q2 2024 loss, with revenues declining 50.5% year-over-year due to lower sales across various segments. The company expects Q3 CommSuite sales to increase marginally, but overall performance remains weak.
The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies. The RSI is a momentum indicator, which compares a stock's strength on days when prices go up to its strength on days when prices go down. When compared to a stock's price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the RSI is below 30, according to Benzinga Pro. Here’s the latest list of major oversold players in this sector, having an RSI near or below 30. Smith Micro Software, Inc. (NASDAQ: SMSI) On Feb. 22, Smith Micro Software reported worse-than-expected fourth-quarter financial results. "Looking back at 2023, we faced some challenges and implemented decisive changes to build a new path forward for the Company," said William W. Smith, Jr., president, chief executive officer, and chairman of the board of Smith Micro. "I believe we are well positioned to capitalize on ...
SMSI earnings call for the period ending June 30, 2022.