SMSI Q2 2022 Earnings — Smith Micro Software, Inc. Revenue & Financial Results | Market Cap Arena

SMSISmith Micro Software, Inc.

$16M

Q2 2022 Earnings

Technology Software - Application

Income Statement

Revenue

$13M-20.4% YoY

Gross Profit

$9M71.5% margin

Operating Income

-$8M-66.1% margin

Net Income

-$8M-67.0% margin

EPS (Diluted)

$-1.23

QoQ Revenue Growth

-0.5%

Cash Flow

Operating Cash Flow

-$5M

Free Cash Flow

-$5M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$101M

Total Liabilities

$14M

Stockholders' Equity

$87M

Cash & Equivalents

$5M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$13M	$16M	-20.4%
Gross Profit	$9M	$13M	-27.9%
Operating Income	-$8M	-$5M	-60.7%
Net Income	-$8M	-$5M	-63.2%

Revenue Segments

Wireless Business Segment

$13M100%

Geographic Segments

Americas

$12M96%

EMEA

$452,0004%