Smith Micro Software Inc (OQ:SMSI)
Business Focus: Software
| Sector: Technology | Industry: Software |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 5800 Corporate Drive PITTSBURGH PA 15237 |
| Tel: | N/A |
| Website: | https://www.smithmicro.com |
| IR: | See website |
| Key People | ||
| William W. Smith Chairman of the Board, President, Chief Executive Officer | Von Cameron Chief Revenue Officer | James M. Kempton Chief Financial Officer, Vice President, Treasurer |
| David Blakeney Senior Vice President - Engineering | Kenneth J. Shebek Chief Information Officer, Vice President | David P. Sperling Vice President, Chief Technology Officer |
| Charles B. Messman Vice President - Marketing | Anup Kaneri Vice President - Worldwide Products | Stephen W. Stroud Vice President - Program Management | Jennifer M. Reinke General Counsel, Secretary |
| Business Overview |
| Smith Micro Software, Inc. develops software to simplify and enhance the mobile experience, providing solutions to wireless service providers around the world. It operates through the Wireless segment. From enabling the family digital lifestyle to providing voice messaging capabilities, its solutions enhance connected lifestyles while creating new opportunities to engage consumers via smartphones and consumer Internet of Things (IoT) devices. Its portfolio also includes a range of products for creating, sharing, and monetizing content, such as visual voice messaging, optimizing retail content display and performing analytics on any product set. Its products include SafePath, ViewSpot, and CommSuite. SafePath consists of SafePath Family, SafePath IoT, SafePath Home, and SafePath Premium. The SafePath product suite provides tools to protect family digital lifestyles and manage connected devices both inside and outside the home. ViewSpot is its retail display management platform. |
| Financial Overview |
| For the three months ended 31 March 2024, Smith Micro Software Inc revenues decreased 47% to $5.8M. Net loss increased from $6.9M to $31M. Revenues reflect Americas segment decrease of 48% to $5.5M, EMEA segment decrease of 23% to $321K. Higher net loss reflects Change in fair value of warrant and deri decrease of 94% to $185K (income), Amortization of intangible assets increase of 20% to $1.8M (expense). |
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