Smith Micro Software, Inc. (NASDAQ:SMSI) is expected to report third quarter earnings results, after market close, on Wednesday 4th November 2020.
Analysts polled by Thomson Reuters anticipate third quarter income of $ 0.04 per share from revenue of $ 12.18 million.
Looking ahead, the full year income are expected at $ 0.24 per share on the revenues of $ 50.47 million.
Previous Quarter Performance
Smith Micro Software, Inc. unwinded income for the second quarter of $ 0.07 per share, from the revenue of $ 12.93 million. Wall street analysts are predicting, SMSI to report 2Q20 income of $ 0.05 per share from revenue of $ 12.18 million. The bottom line results beat street analysts by $ 0.02 or 40.00 percent, at the same time, top line results outshined analysts by $ 0.75 million or 6.16 percent.
Stock Performance
Shares of Smith Micro Software, Inc. traded up $ 0.15 or 3.75 percent on Tuesday, reaching $ 4.15 with volume of 267.80 thousand shares. Smith Micro Software, Inc. has traded high as $ 4.19 and has cracked $ 4.01 on the downward trend
According to the previous trading day, closing price of $ 4.15, representing a 21.95 % increase from the 52 week low of $ 3.28 and a 44.06 % decrease over the 52 week high of $ 7.15.
The company has a market capital of $ 171.63 million and is part of the Technology sector and Software – Application industry.
Conference Call
Smith Micro Software, Inc. will be hosting a conference call at 4:30 PM eastern time on 4th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.smithmicro.com
Smith Micro Software, Inc. develops and sells software to simplify and enhance the mobile experience to wireless service providers, device manufacturers, and enterprise businesses in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It operates through two segments, Wireless and Graphics.
