Smith Micro Software (SMSI) Expected to Announce Quarterly Earnings on Thursday

Smith Micro Software (NASDAQ:SMSI) is projected to issue its quarterly earnings data before the market opens on Thursday, February 27th. Analysts expect the company to announce earnings of ($0.11) per share and revenue of $5.13 million for the quarter.

Smith Micro Software Trading Down 2.9 %

Shares of SMSI opened at $1.32 on Wednesday. The stock has a 50-day moving average price of $1.33 and a 200-day moving average price of $1.00. The company has a market cap of $15.65 million, a PE ratio of -0.25 and a beta of 0.67. Smith Micro Software has a 12-month low of $0.52 and a 12-month high of $4.14.

Analysts Set New Price Targets

SMSI has been the subject of several research reports. Benchmark reiterated a “buy” rating and issued a $5.00 target price on shares of Smith Micro Software in a research report on Thursday, November 14th. StockNews.com cut Smith Micro Software from a “hold” rating to a “sell” rating in a report on Saturday, December 21st.

About Smith Micro Software

Smith Micro Software, Inc engages in the development and sale of software to enhance the mobile experience to wireless and cable service providers in the Americas, Europe, the Middle East, and Africa. The company offers SafePath Family, SafePath IoT, SafePath Home, and SafePath Premium product suite, which provides tools to protect digital lifestyles and manage connected devices inside and outside the home; and CommSuite, a messaging platform that helps mobile service provides deliver a next-generation voicemail experience to mobile subscribers, as well as enables multi-language voice-to-text (VTT) transcription messaging.