Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Smith Micro (SMSI)
#1
We already had a position from last year and that is now going through the roof, as we told you last week:

Quote:The company basks in 35% organic revenue growth and nearly 90% gross margins, even without expected catalysts. The sunsetting of Sprint's legacy app will come some day, but SafePath's growth is explosive even without that, and even without getting another carrier on board. SafePath is morphing into a sophisticated IoT/Smart Home platform with a host of features, the market for this could be huge.
 Smith Micro's Stock Can Blast Higher At Any Moment - Smith Micro Software, Inc. (NASDAQ:SMSI) | Seeking Alpha
Reply

#2
Q3 Results are pretty good:
  • Revenue $11.8M ($6.5M)
  • Gross profit $10.8M ($5.5M)
  • Gross margin 91% (85%)
  • GAAP net income $3.5M (-$1.0M)
  • GAAP EPS (diluted) $0.09
  • Non-GAAP net income $3.2M ($241K)
  • Non-GAAP EPS (diluted) $0.08
  • Cash $23.9M ($11.4M from warrants, $5.9M from operations)
  • SafePath revenue $5.2M
Reply



Forum Jump:


Users browsing this thread: 1 Guest(s)