SMSI Q2 2024 Earnings — Smith Micro Software, Inc. Revenue & Financial Results | Market Cap Arena

SMSISmith Micro Software, Inc.

$16M

Q2 2024 Earnings

Technology Software - Application

Income Statement

Revenue

$5M-50.3% YoY

Gross Profit

$4M68.7% margin

Operating Income

-$7M-135.8% margin

Net Income

-$7M-134.8% margin

EPS (Diluted)

$-0.66

QoQ Revenue Growth

-11.3%

Cash Flow

Operating Cash Flow

-$4M

Free Cash Flow

-$4M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$53M

Total Liabilities

$10M

Stockholders' Equity

$43M

Cash & Equivalents

$6M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$5M	$10M	-50.3%
Gross Profit	$4M	$8M	-54.4%
Operating Income	-$7M	-$3M	-115.1%
Net Income	-$7M	-$6M	-22.3%

Revenue Segments

License and Service

$761,000100%

Geographic Segments

Americas

$5M96%

EMEA

$197,0004%