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Smith Micro Software (SMSI)
NASDAQ:SMSI
Earnings Data
Report Date
May 07, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
-0.25Last Year’s EPS
-0.45Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 11, 2025
|% Change Since: 8.33%
|Next Earnings Date:May 07, 2025
Earnings Call Sentiment|Neutral
The call highlighted promising developments with the launch of SafePath Kids and growing interest in SafePath OS, indicating potential future growth. However, significant revenue declines and ongoing net losses pose challenges. The sentiment is mixed, with notable achievements balancing the substantial financial setbacks.Company Guidance
During the Smith Micro Fourth Quarter 2024 Earnings Conference Call, the company provided guidance on several financial metrics and strategic initiatives. They reported a revenue of $5 million for Q4 2024, which showed a 42% decline compared to the same quarter in 2023, but an increase of 7% from Q3 2024. The annual revenue for 2024 was $20.6 million, marking a 50% decrease from 2023, primarily due to the end of the Verizon Family Safety Contract and a decline in Safe and Found Family Safety revenue post the T-Mobile acquisition of Sprint. The gross profit for Q4 2024 was $3.8 million, with a gross margin of 76%, and GAAP operating expenses dropped by 32% from the previous year. The company expects Q1 2025 revenues to range between $4.6 million and $5 million, with a gross margin projected between 72% and 75%. They are focusing on expanding their SafePath offerings, including SafePath Kids and SafePath OS for seniors, which align with mobile operators' core strategies. The company aims for significant growth in the latter half of 2025, driven by new product launches and strategic partnerships.Launch of SafePath Kids with Orange Spain
SafePath Kids was successfully launched with Orange Spain's TuYo solution, marking a significant deployment under the renewed focus of aligning with mobile operators' core business. This deployment integrates SafePath directly into the carrier's offering, providing a safer mobile experience for children.
Strong Interest in SafePath OS
There is broadening interest in SafePath OS from several partners worldwide. The company is in in-depth discussions with multiple carriers and plans to capitalize on this growing demand.
CommSuite Revenue Growth
CommSuite revenues increased by approximately $600,000 compared to Q4 2023, driven by subscriber growth on the Boost CommSuite Premium Visual Voicemail platform.
Cost Reduction Achievements
The company exceeded its cost reduction goals with a decrease in total non-GAAP operating expenses of approximately $3.1 million compared to Q1 2024.
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SMSI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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SMSI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 11, 2025 | $1.08 | $0.71 | -34.26% |
| Nov 13, 2024 | $0.88 | $0.85 | -3.41% |
| Aug 01, 2024 | $2.48 | $1.98 | -20.16% |
| May 08, 2024 | $2.45 | $2.34 | -4.49% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Smith Micro Software (SMSI) report earnings?
Smith Micro Software (SMSI) is schdueled to report earning on May 07, 2025, TBA Not Confirmed.
What is Smith Micro Software (SMSI) earnings time?
Smith Micro Software (SMSI) earnings time is at May 07, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SMSI EPS forecast?
SMSI EPS forecast for the fiscal quarter 2025 (Q1) is -0.25.
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