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Smith Micro Software (SMSI)
NASDAQ:SMSI
Earnings Data
Report Date
Aug 06, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
-0.25Last Year’s EPS
-0.38Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 07, 2025
|% Change Since: -24.04%
|Next Earnings Date:Aug 06, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted significant advancements in product development, particularly with the upcoming launch of SafePath 8 and its AI features. The company also made strides in reducing operating expenses and improving gross margins. However, the overall sentiment is tempered by a notable decline in revenue across several segments and a continued net loss. Despite the challenges, the company's strategic initiatives and new engagements provide optimism for future growth.Company Guidance
During Smith Micro's first quarter 2025 earnings call, several key financial metrics and strategic initiatives were discussed. The company reported a revenue of $4.6 million, marking a 20% decrease from the previous year. Family Safety revenues were $3.8 million, a 15% decline attributed to the continued drop in legacy Sprint Safe & Found revenue. CommSuite revenue increased by $100,000 year over year to $700,000, while ViewSpot revenue fell by $600,000 to $100,000 due to the end of a contract. Gross profit was $3.4 million, with a gross margin of 73%. Operating expenses decreased significantly due to a prior goodwill impairment charge, with GAAP operating expenses at $8.6 million and non-GAAP expenses at $6.1 million. The GAAP net loss was $5.2 million, or $0.28 per share, while the non-GAAP net loss was $2.9 million, or $0.16 per share. Looking ahead, the company anticipates second-quarter revenues between $4.4 million and $4.8 million, with a gross margin ranging from 72% to 75%. Smith Micro is also focused on launching SafePath 8, which will integrate AI to enhance family safety solutions, and is optimistic about future growth prospects with new product developments and market opportunities.SafePath 8 Launch and AI Features
The company announced the upcoming release of SafePath 8, which will introduce AI-centric features like social media intelligence, dynamic age-aware settings, and family AI assistance aimed at enhancing family safety and digital wellness.
CommSuite Revenue Increase
CommSuite revenue increased by approximately $100,000 compared to the first quarter of 2024.
Reduction in GAAP Operating Expenses
GAAP operating expenses for the first quarter of 2025 were $8.6 million, a 76% decrease compared to the first quarter of 2024, primarily due to a $24 million goodwill impairment charge recorded in 2024 and cost reduction activities.
Non-GAAP Operating Expenses Reduction
Non-GAAP operating expenses decreased by approximately $2 million or 24% compared to the first quarter of 2024.
Gross Margin Improvement
The gross margin improved to 73% for the quarter compared to 66% in the first quarter of 2024.
New Carrier Engagements and Trials
Smith Micro is involved in new trials with mobile operators throughout Europe and maintains strong engagements with key U.S. partners like AT&T and T-Mobile, which have shown interest in their expanded SafePath solutions.
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
SMSI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 07, 2025 | $1.04 | $0.96 | -7.69% |
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% |
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.
FAQ
When does Smith Micro Software (SMSI) report earnings?
Smith Micro Software (SMSI) is schdueled to report earning on Aug 06, 2025, TBA Not Confirmed.
What is Smith Micro Software (SMSI) earnings time?
Smith Micro Software (SMSI) earnings time is at Aug 06, 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 (Q2) is -0.25.