Earnings Summary

Smith Micro Software Inc’s revenue fell -18.43% since last year same period to $10.34Mn in the Q2 2023. On a quarterly growth basis, Smith Micro Software Inc has generated -5.42% fall in its revenue since last 3-months.

Smith Micro Software Inc’s net profit jumped 33.3% since last year same period to $-5.67Mn in the Q2 2023. On a quarterly growth basis, Smith Micro Software Inc has generated 17.74% jump in its net profits since last 3-months.

Smith Micro Software Inc’s net profit margin jumped 18.23% since last year same period to -54.8% in the Q2 2023. On a quarterly growth basis, Smith Micro Software Inc has generated 13.03% jump in its net profit margins since last 3-months.

Smith Micro Software Inc’s earning per share (EPS) estimates for the current quarter stand at -0.08 - a 11.11% jump from last quarter’s estimates.

Smith Micro Software Inc’s earning per share (EPS) estimates for the current year stand at -0.08.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Smith Micro Software Inc’s return on assets (ROA) stands at -0.16.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Smith Micro Software Inc’s return on equity (ROE) stands at -0.33.