* Smith Micro Software Inc is expected to show a fall in quarterly revenue when it reports results on November 6 (estimated) for the period ending September 30 2024

* The Pittsburgh Pennsylvania-based company is expected to report a 56.6% decrease in revenue to $4.774 million from $11 million a year ago, according to the mean estimate from 3 analysts, based on LSEG data.The company's guidance on August 1 2024, for the period ended September 30, was for revenue between $4.50 million and $5.00 million.

* ​LSEG's mean analyst estimate for Smith Micro Software Inc is for a loss of 31 cents per share.

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

* The mean earnings estimate of analysts was unchanged in the last three months. ​

* Wall Street's median 12-month price target for Smith Micro Software Inc is $6.50​, above​ its last closing price of $0.81. ​​​

The company's guidance on August 1 2024 for the period ended September 30 was for gross profit margin between USD70% and USD73%. Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI

ENDING ARTESTIMAT ESTIMATE MET, SE %

E® MISSED

Jun. 30 2024 -0.35 -0.35 -0.38 Missed -8.6

Mar. 31 2024 -0.24 -0.24 -0.45 Missed -87.5

Dec. 31 2023 -0.20 -0.15 -0.16 Missed -3.5​

Jan. 1 0001 -0.02 0.03 0.08 Beat 200.3

​​Jun. -0.08 -0.12 -0.08 Beat 31

30 2023

Mar. 31 2023 -0.59 -0.62 -0.48 Beat 22.1​

Dec. 31 2022 -0.66 -0.68 -0.64 Beat 5.9

Sep. 30 2022 -0.74 -0.73 -0.72 Beat 0.7

This summary was machine generated November 4 at 15:37 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)