SMSI Q3 2024 Earnings — Smith Micro Software, Inc. Revenue & Financial Results | Market Cap Arena

SMSISmith Micro Software, Inc.

$16M

Q3 2024 Earnings

Technology Software - Application

Income Statement

Revenue

$5M-57.7% YoY

Gross Profit

$3M71.6% margin

Operating Income

-$7M-140.0% margin

Net Income

-$6M-137.0% margin

EPS (Diluted)

$-0.54

QoQ Revenue Growth

-9.6%

Cash Flow

Operating Cash Flow

-$4M

Free Cash Flow

-$4M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$46M

Total Liabilities

$8M

Stockholders' Equity

$38M

Cash & Equivalents

$2M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$5M	$11M	-57.7%
Gross Profit	$3M	$8M	-60.7%
Operating Income	-$7M	-$2M	-198.3%
Net Income	-$6M	-$5M	-24.1%

Revenue Segments

License and Service

$788,000100%

Geographic Segments

Americas

$5M100%

EMEA

$20,0000%