Smith Micro Software Inc
SMSISmith 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
The consumer asset tracking market in Europe and North America is experiencing significant growth, with the installed base of active devices expected to grow from 15.0 million units in 2024 to 30.7 million by 2029 at a CAGR of 15.4%. Market value is forecasted to increase from €2.0 billion to €4.1 billion over the same period. Key growth driv...
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.
Smith Micro Software, Inc. reported a Q2 loss of $0.38 per share, missing the Zacks Consensus Estimate of a loss of $0.35. The company's revenue of $5.14 million also missed estimates. The stock has lost about 62.9% since the beginning of the year.
In order to drive the adoption of the SafePath platform, Smith Micro Software (SMSI) introduces two marketing programs.
Smith Micro Software (SMSI) delivers soft Q1 2024 performance owing to weakness across multiple revenue segments.
