Smith Micro Software (SMSI) Set to Announce Earnings on Wednesday
Smith Micro Software (NASDAQ:SMSI) will be releasing its Q214 earnings data on Wednesday, July 30th. Analysts expect Smith Micro Software to post earnings of ($0.04) per share and revenue of $9.50 million for the quarter.
Smith Micro Software (NASDAQ:SMSI) last released its earnings data on Thursday, May 8th. The company reported ($0.07) EPS for the quarter, missing the Thomson Reuters consensus estimate of ($0.05) by $0.02. The company had revenue of $8.40 million for the quarter, compared to the consensus estimate of $9.79 million. On average, analysts expect Smith Micro Software to post $-0.12 EPS for the current fiscal year and $0.01 EPS for the next fiscal year.
Smith Micro Software (NASDAQ:SMSI) traded up 3.67% during mid-day trading on Tuesday, hitting $1.13. The stock had a trading volume of 123,070 shares. Smith Micro Software has a 52 week low of $0.66 and a 52 week high of $2.69. The stock has a 50-day moving average of $0.99 and a 200-day moving average of $1.44. The company’s market cap is $43.6 million.
On a related note, analysts at HC Wainwright initiated coverage on shares of Smith Micro Software in a research note on Friday, July 18th. They set a “neutral” rating on the stock.
Smith Micro Software, Inc (NASDAQ:SMSI) designs, develops and markets software products and services for the mobile computing and communications industries.
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