SMSISmith Micro Software, Inc.

$16M

Q3 2023 Earnings

Technology Software - Application

Income Statement

Revenue

$11M-6.0% YoY

Gross Profit

$8M77.0% margin

Operating Income

-$2M-19.8% margin

Net Income

-$5M-46.7% margin

EPS (Diluted)

$-0.61

QoQ Revenue Growth

+6.4%

Cash Flow

Operating Cash Flow

$2M

Free Cash Flow

$2M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$92M

Total Liabilities

$15M

Stockholders' Equity

$77M

Cash & Equivalents

$8M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$11M	$12M	-6.0%
Gross Profit	$8M	$8M	+5.0%
Operating Income	-$2M	-$8M	+73.9%
Net Income	-$5M	-$6M	+11.7%

Revenue Segments

Wireless Business Segment

$11M100%

Geographic Segments

Americas

$11M98%

EMEA

$214,0002%

SMSI Q3 2023 Earnings — Smith Micro Software, Inc. Revenue & Financial Results | Market Cap Arena