SMSI Q3 2022 Earnings — Smith Micro Software, Inc. Revenue & Financial Results | Market Cap Arena

SMSISmith Micro Software, Inc.

$16M

Q3 2022 Earnings

Technology Software - Application

Income Statement

Revenue

$12M-28.9% YoY

Gross Profit

$8M69.0% margin

Operating Income

-$8M-71.4% margin

Net Income

-$6M-49.7% margin

EPS (Diluted)

$-1.05

QoQ Revenue Growth

-7.7%

Cash Flow

Operating Cash Flow

-$3M

Free Cash Flow

-$3M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$109M

Total Liabilities

$26M

Stockholders' Equity

$83M

Cash & Equivalents

$19M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$12M	$16M	-28.9%
Gross Profit	$8M	$13M	-36.7%
Operating Income	-$8M	-$6M	-49.3%
Net Income	-$6M	-$19M	+68.8%

Revenue Segments

Wireless Business Segment

$12M100%

Geographic Segments

Americas

$11M96%

EMEA

$452,0004%