Smith Micro reports Q3 adjusted EPS 1c, consensus 0c

Reports Q3 revenue $11M, consensus $10.94M. “Launching our flagship SafePath platform at another Tier 1 carrier during the third quarter was a prerequisite to drive both marketing investment and anticipated revenue growth with this customer,” said William W. Smith, Jr., president, chief executive officer, and chairman of the board of Smith Micro. “In today’s world, carriers recognize the strength and value our technology provides for protecting their family subscribers, both in the digital and physical worlds they face.”