Smith Micro Software Turns Profitable

  • The company managed to squeeze its first (non-GAAP) profitability in quite a while and things look set to improve from here.
  • As a white label solution, it has an interesting opportunity with carriers, most notably Sprint which is actively promoting its SafePath app.
  • SafePath is in a competitive space, so it has to keep improving its features, but that’s what’s happening so far.
  • We think it offers a very good risk/reward ratio for investors here, despite the little rally whilst writing the article.

Source: Smith Micro Software Turns Profitable – Smith Micro Software, Inc. (NASDAQ:SMSI) | Seeking Alpha