• Smith Micro Software Inc SMSI.OQ SMSI.O is expected to show a fall in quarterly revenue when it reports results on November 13 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 $0.89. ​​​

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). ​

This summary was machine generated November 12 at 03:46 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)