Smith Micro Software (NASDAQ:SMSI) reported its Q1 earnings results on Thursday, May 11, 2023 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
Smith Micro Software beat estimated earnings by 25.0%, reporting an EPS of $-0.06 versus an estimate of $-0.08.
Revenue was down $1.80 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.0 which was followed by a 10.45% drop in the share price the next day.
Here’s a look at Smith Micro Software’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.08 | -0.09 | -0.07 | -0.08 |
| EPS Actual | -0.08 | -0.09 | -0.09 | -0.08 |
| Revenue Estimate | 11.51M | 11.71M | 12.34M | 12.26M |
| Revenue Actual | 11.40M | 11.70M | 12.67M | 12.73M |
To track all earnings releases for Smith Micro Software visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
