Earnings summaries and quarterly performance for SMITH MICRO SOFTWARE.
Executive leadership at SMITH MICRO SOFTWARE.
WW
William W. Smith, Jr.
Detailed
Chief Executive Officer
CEO
AK
Anup Kaneri
Detailed
Vice President, Worldwide Products
CM
Charles Messman
Detailed
Vice President, Marketing
DB
David Blakeney
Detailed
Senior Vice President, Engineering
DS
David Sperling
Detailed
Vice President, Chief Technology Officer
JR
Jennifer Reinke
Detailed
Vice President, General Counsel and Secretary
KS
Kenneth Shebek
Detailed
Vice President, Chief Information Officer
TH
Tim Huffmyer
Detailed
Chief Operating Officer and Chief Financial Officer
VC
Von Cameron
Detailed
Chief Revenue Officer
Board of directors at SMITH MICRO SOFTWARE.
Research analysts who have asked questions during SMITH MICRO SOFTWARE earnings calls.
MH
Matthew Harrigan
The Benchmark Company, LLC
7 questions for SMSI
Also covers: BATRA, CSGS, FWONK +10 more
BS
Brian Swift
Security Research Associates
2 questions for SMSI
LC
Leo Carpio
Joseph Gunnar & Co.
2 questions for SMSI
Also covers: BEAT, PODC, SOUN
SS
Scott Searle
ROTH MKM
2 questions for SMSI
Also covers: ADEA, AIOT, AIRG +22 more
Recent press releases and 8-K filings for SMSI.
Smith Micro Software Announces Capital Raise
SMSI
- Smith Micro Software, Inc. (SMSI) announced two concurrent offerings, a registered offering and an unregistered private placement, expected to generate aggregate gross proceeds of approximately $2.65 million.
- The Company's founder and CEO, Bill Smith, is investing $1.5 million in the unregistered private placement.
- The registered offering includes 1,714,373 shares of common stock and accompanying unregistered warrants at a price of $0.6708 per share, yielding approximately $1,150,000 in gross proceeds.
- The private placement with the CEO involves the issuance of 2,236,136 unregistered shares of common stock and unregistered warrants at a purchase price of $0.6708 per share, generating approximately $1,500,000 in gross proceeds.
- Net proceeds from both offerings are intended for working capital and general corporate purposes.
Nov 10, 2025, 9:13 PM
Smith Micro Software Reports Q3 2025 Results and Announces Cost Reductions
SMSI
Earnings
Guidance Update
Layoffs
- Smith Micro Software (SMSI) reported Q3 2025 revenue of $4.3 million, a 6% decrease from Q3 2024, and a non-GAAP net loss of $2.6 million, or $0.12 loss per share. The company held $1.4 million in cash and cash equivalents as of September 30, 2025.
- Strategic cost reduction measures, including a workforce reorganization that affected approximately 30% of the overall workforce, are expected to result in $7.2 million in annualized cost savings for 2026.
- SMSI anticipates being profitable by mid-2026 and recently completed funding rounds, including a $1.5 million investment from Bill and Deeva Smith, totaling approximately $5.4 million in gross proceeds.
- For Q4 2025, consolidated revenues are expected to be in the range of $4.2 million to $4.5 million.
- The company is expanding its SafePath platform, with AT&T's Secure Family now available to all carriers, and is engaged in trials and discussions with carriers in North America and Europe, focusing on the family subscriber market.
Nov 6, 2025, 1:30 PM
Smith Micro Software Announces Q3 and Nine-Month 2025 Financial Results
SMSI
Earnings
Demand Weakening
- Smith Micro Software reported a decrease in revenue for the nine months ended September 30, 2025, to $13.4 million from $15.6 million in the prior year period, and for Q3 2025, revenue was $4.347 million compared to $4.648 million in Q3 2024.
- GAAP net loss attributable to common stockholders for the nine months ended September 30, 2025, improved to $25.4 million (or $1.30 loss per share) from $44.3 million (or $4.17 loss per share) in the same period of 2024.
- Non-GAAP net loss attributable to common stockholders for the nine months ended September 30, 2025, was $8.2 million (or $0.42 loss per share), an improvement from $11.8 million (or $1.11 loss per share) in the prior year period.
- The gross profit percentage for the nine months ended September 30, 2025, increased to 73.4% from 68.5% in the prior year period, while cash and cash equivalents decreased to $1.394 million as of September 30, 2025, from $2.808 million at December 31, 2024.
Nov 5, 2025, 9:04 PM
Smith Micro Announces $2.65 Million Financing, Including CEO Investment
SMSI
New Projects/Investments
- Smith Micro Software announced two concurrent offerings, a registered offering and a private placement, expected to generate aggregate gross proceeds of approximately $2.65 million.
- The Company's CEO, Bill Smith, committed to investing $1.5 million in the private placement, acquiring 2,236,136 unregistered shares and warrants at $0.6708 per share.
- The registered offering will issue 1,714,373 registered shares and warrants at $0.6708 per share, generating approximately $1.15 million in gross proceeds.
- Both offerings are expected to close on or about November 6, 2025, with net proceeds designated for working capital and general corporate purposes.
Nov 5, 2025, 9:02 PM
Smith Micro Reports Third Quarter 2025 Financial Results
SMSI
Earnings
Demand Weakening
- Smith Micro reported revenue of $4.3 million for the third quarter ended September 30, 2025, a decrease from $4.6 million in the same period of 2024. For the nine months ended September 30, 2025, revenue was $13.4 million, down from $15.6 million year-to-date in 2024.
- The company's GAAP net loss attributable to common stockholders for Q3 2025 was $5.2 million, or $0.25 loss per share, an improvement compared to a $6.4 million loss, or $0.54 loss per share, in Q3 2024.
- Non-GAAP net loss attributable to common stockholders for Q3 2025 was $2.6 million, or $0.12 loss per share, compared to a $3.6 million loss, or $0.30 loss per share, in the prior year's third quarter.
- As of September 30, 2025, total cash and cash equivalents were $1.4 million.
Nov 5, 2025, 9:00 PM
Smith Micro Software Secures $400,000 in Debt Financing with Warrants
SMSI
Debt Issuance
- Smith Micro Software, Inc. entered into a Note Purchase Agreement on September 29, 2025, to secure $400,000 in loans from accredited investors.
- The financing consists of secured promissory notes with an interest rate of 15.0% per annum, maturing on March 31, 2026.
- Accompanying the notes are unregistered common stock purchase warrants, exercisable for shares at a price equal to the greater of $0.73 or the market price on the issuance date, and expiring five years from the initial exercise date.
- The company expects to use the net proceeds from these transactions for working capital and general corporate purposes.
Oct 2, 2025, 8:24 PM
Smith Micro Software Secures Insider Loans and Issues Warrants
SMSI
Debt Issuance
- Smith Micro Software, Inc. (SMSI) entered into Note Purchase Agreements on September 11, 2025, with its Chairman, President, and CEO, William W. Smith, Jr. (via Smith Living Trust), and its COO and CFO, Timothy C. Huffmyer.
- The company received approximately $794,736 in loans (principal) and $138,263 from the sale of accompanying warrants from these insiders.
- These loans are secured, bear an annual interest rate of 15.0%, and are due by March 31, 2026.
- The accompanying warrants allow the purchase of common stock, with certain anti-dilution adjustments subject to stockholder approval by June 30, 2026.
- The net proceeds from these transactions are intended for working capital and general corporate purposes.
Sep 17, 2025, 8:27 PM
Quarterly earnings call transcripts for SMITH MICRO SOFTWARE.
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