- While shares sold off after earnings, we think investors are missing the 91% gross margins and free cash flow which reached a full half of the company’s revenues.
- The disappointment seems to be the result of the lack of announcement of new carriers, but the CC isn’t the place to do that anyway.
- We remain excited by the multiple existing and potential revenue streams.
SHU Portfolio Update: Smith Micro’s Cash Flow Bonanza
October 26th, 2019 · No Comments