SMSI Q4 2023 Earnings — Smith Micro Software, Inc. Revenue & Financial Results | Market Cap Arena

SMSISmith Micro Software, Inc.

$16M

Q4 2023 Earnings

Technology Software - Application

Income Statement

Revenue

$9M-24.7% YoY

Gross Profit

$6M74.9% margin

Operating Income

-$6M-66.3% margin

Net Income

-$7M-78.1% margin

EPS (Diluted)

$-0.74

QoQ Revenue Growth

-21.9%

Cash Flow

Operating Cash Flow

-$1M

Free Cash Flow

-$1M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$86M

Total Liabilities

$10M

Stockholders' Equity

$75M

Cash & Equivalents

$7M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$9M	$11M	-24.7%
Gross Profit	$6M	$8M	-20.3%
Operating Income	-$6M	-$7M	+20.3%
Net Income	-$7M	-$8M	+15.8%

Revenue Segments

Wireless Business Segment

$9M100%

Geographic Segments

Americas

$8M97%

EMEA

$261,0003%