Published on 9 Aug 2023 on Zacks via Yahoo Finance
Smith Micro Software, Inc. (SMSI) Reports Q2 Loss, Misses Revenue Estimates
Smith Micro Software, Inc. (SMSI) came out with a quarterly loss of $0.01 per share versus the Zacks Consensus Estimate of a loss of $0.02. This compares to loss of $0.09 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 50%. A quarter ago, it was expected that this company would post a loss of $0.08 per share when it actually produced a loss of $0.06, delivering a surprise of 25%.
Over the last four quarters, the company has surpassed consensus EPS estimates two times.