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Smith Micro Software Inc - SMSI STOCK NEWS

Welcome to our dedicated page for Smith Micro Software news (Ticker: SMSI), a resource for investors and traders seeking the latest updates and insights on Smith Micro Software stock.

Overview

Smith Micro Software Inc (symbol: SMSI) is a multifaceted provider of software solutions, specializing in advanced, modular wireless applications and innovative graphics software. As a key contributor in the mobile-first era, the company delivers integrated technologies that enhance connectivity and optimize digital experiences for both consumers and creative professionals. Its robust portfolio, which features wireless connectivity optimization alongside creative design tools, serves a global clientele that includes prominent wireless service providers, cable operators, mobile device manufacturers, and design-oriented enterprises.

Core Business Areas

The company operates primarily within the wireless communications arena, where it focuses on:

  • Wireless Solutions: These solutions are designed to enrich the user experience by enhancing network connectivity, applying policy controls directly on devices, and leveraging analytics-driven insights to support efficient mobile operations. The software is tailored for integration with carrier networks and devices to ensure enhanced performance and quality of service for the end user.
  • Graphics Software: Complementing its wireless segment, Smith Micro Software Inc also develops graphics and creative design software that empower animators, illustrators, graphic designers, and students. These applications facilitate the creation of rich animated content, from cartoons and films to motion comics, demonstrating the company’s reach across distinct but technologically complementary industry segments.

Technology and Innovation

Smith Micro utilizes a modular design philosophy that allows its products to be seamlessly integrated into varied operating environments. The wireless solutions are engineered to optimize connectivity, ensuring device and network performance align with the stringent requirements of modern mobile communications. This approach harnesses real-time analytics and developer-centric programming techniques to provide software that not only solves acute industry challenges but also supports scalable deployment for large enterprise systems.

Market Position and Competitive Landscape

Positioned within a competitive ecosystem, Smith Micro Software Inc has carved a niche for itself by offering highly specialized, customer-centric software solutions. Its commitment to addressing the operational challenges of wireless carriers and creative sectors has fostered a reputation for reliability and technical proficiency. The company differentiates itself through:

  • Industry-Specific Expertise: With a deep understanding of both wireless operations and creative design workflows, Smith Micro’s products are optimized to cater to the highly technical demands of its diverse customer base.
  • Modular and Scalable Solutions: The ability of its products to be adapted and integrated across various platforms underlies its appeal to large-scale service providers and creative professionals alike.
  • Analytics-Driven Insights: The incorporation of data and analytics into its wireless solutions allows for ongoing optimization and quality control, ensuring that the software continues to meet evolving operational standards.

Operational Excellence and Business Model

The company’s business model is founded on the delivery of software solutions that address critical challenges in connectivity and digital content creation. The wireless segment, its sole reportable division, is marketed primarily toward carriers, cable operators, and original equipment manufacturers, thereby emphasizing quality over quantity in its client relationships. This targeted approach enables the company to focus on delivering precision-engineered solutions that meet the rigorous demands of modern mobile environments.

Customer and Industry Impact

Smith Micro Software Inc’s products are not only central to the improvement of wireless network performance, but they also empower brands and enterprises to engage their subscriber bases in novel and personalized ways. On the creative side, its graphics software drives dynamic and innovative content creation, supporting educational and professional initiatives within the design industry. This dual-impact approach demonstrates the company’s versatility and its commitment to enhancing both the technological infrastructure of wireless communications and the creative output of digital media professionals.

Trust and Expertise in a Dynamic Market

Recognized for its balanced and research-driven approach, Smith Micro Software Inc maintains a steadfast focus on delivering products that are both reliable and adaptable. By continually refining its software solutions based on industry trends and technical feedback, the company ensures that its offerings remain relevant and effective across diverse market segments. This commitment to technical excellence and customer satisfaction reinforces its reputation as an essential provider in the evolving landscape of wireless and graphics technologies.

Conclusion

In summary, Smith Micro Software Inc offers a comprehensive suite of software solutions that address both the connectivity requirements of a mobile-centric society and the creative demands of digital content production. Through its emphasis on modular design, analytics-driven performance, and a deep understanding of industry-specific challenges, the company delivers products that sustain operational excellence and creative innovation in the rapidly evolving technological ecosystem.

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Smith Micro Software, Inc. (SMSI) will announce its Q4 2023 and fiscal year 2023 financial results on February 22, 2024. A teleconference will be held at 4:30 pm ET / 1:30 pm PT for interested parties.
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Smith Micro Software, Inc. (Nasdaq: SMSI) has retired its senior secured convertible notes issued in August 2022, marking a significant step for the company as it enters 2024. The net proceeds from the notes supported the migration of a tier one carrier to the SafePath® platform in 2023. The company now has no debt on its balance sheet, other than normal course payables and financing arrangements.
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Smith Micro Software, Inc. (SMSI) signs multi-year agreement with major Tier 1 mobile network operator in Europe to provide SafePath® Digital Family Lifestyle™ solution. This will help parents monitor their children's location and safety in both physical and digital worlds, addressing a growing need for safety and trust.
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Smith Micro Software, Inc. (SMSI) reports sequential revenue growth and $1.5 million of cash flow from operations during Q3 2023. The company exceeded cost reduction targets, improved gross margins, and achieved non-GAAP profitability. Revenue for Q3 2023 was $11.0 million, with a gross profit of $8.5 million. GAAP net loss was $5.1 million, while non-GAAP net income was $0.6 million. Year to date, revenue was $32.3 million, with a gross profit of $23.9 million. GAAP net loss for the nine months ended September 30, 2023, was $17.7 million, and non-GAAP net loss was $3.6 million. Total cash and cash equivalents as of September 30, 2023, were $8.0 million.
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Smith Micro Software, Inc. (Nasdaq: SMSI) announced new enhancements to its SafePath platform, expanding functionality to include a broader family structure and providing MNOs with tools to protect against physical and digital threats.
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Smith Micro Software, Inc. (NASDAQ: SMSI) will report its Q3 and year-to-date 2023 financial results on November 8, 2023, after the close of regular trading. A teleconference will be held at 4:30 pm ET / 1:30 pm PT. The conference call can be accessed through dial-in or internet webcast.
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Enhanced family safety app launched by major US carrier, leveraging Smith Micro's SafePath platform. Represents a significant milestone for Smith Micro. Subscribers now have extensive new features and functionality. Provides leading-edge digital parenting controls and location technology.
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Smith Micro Software, Inc. reported Q2 2023 financial results. Revenue was $10.3 million, down from $12.7 million in Q2 2022. Gross profit was $7.7 million, with a gross profit margin of 75%. GAAP net loss was $5.7 million. Non-GAAP net loss was $0.6 million. Total cash and cash equivalents were $6.4 million as of June 30, 2023.
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Smith Micro Software, Inc. (NASDAQ: SMSI) will report its second quarter and year-to-date 2023 financial results on August 9, 2023. The news release will be followed by a teleconference at 4:30 pm ET / 1:30 pm PT. The teleconference can be accessed by dialing 1-844-701-1164 (international participants: +1-412-317-5492) and does not require a pass code. The conference call recording will be available for replay on the Smith Micro website Investor Relations section.
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FAQ

What is the current stock price of Smith Micro Software (SMSI)?

The current stock price of Smith Micro Software (SMSI) is $0.76 as of April 7, 2025.

What is the market cap of Smith Micro Software (SMSI)?

The market cap of Smith Micro Software (SMSI) is approximately 13.7M.

What does Smith Micro Software Inc specialize in?

Smith Micro Software Inc specializes in developing advanced software solutions, including wireless connectivity optimization and graphics software for creative professionals.

Which industries does the company serve?

The company serves a diverse range of sectors, including telecommunications, mobile device manufacturing, cable operators, and the creative arts industry through its graphics software.

How do the wireless solutions work?

Their wireless solutions integrate analytics-driven insights, policy control, and connectivity optimization to enhance the performance of networks, devices, and mobile applications.

What differentiates Smith Micro from its competitors?

The company differentiates itself through its dual focus on addressing both operational challenges in wireless communications and creative challenges in digital media, backed by modular, scalable solutions.

Who are the primary customers of Smith Micro Software Inc?

Primary customers include large wireless carriers, cable operators, OEMs, as well as creative professionals such as animators, designers, and illustrators.

What is the significance of the company’s modular design approach?

The modular design allows for flexibility and scalability, enabling seamless integration of the software across a variety of platforms and environments, ensuring that solutions evolve with industry needs.

How does the company ensure the quality of its wireless solutions?

Quality is maintained through a blend of real-time analytics, policy enforcement capabilities, and continuous refinement to meet the dynamic standards of modern mobile communications.

How does the graphics software benefit creative professionals?

The graphics software provides creators with powerful tools for producing rich, animated content and digital art, making it easier to develop films, cartoons, and motion graphics with precision.
Smith Micro Software Inc

Nasdaq:SMSI

SMSI Rankings

SMSI Stock Data

13.69M
13.64M
22.54%
12.94%
3.56%
Software - Application
Services-prepackaged Software
Link
United States
PITTSBURGH