Smith Micro Software: Q1 Earnings Insights - Smith Micro Software (NASDAQ:SMSI)

Smith Micro Software SMSI reported its Q1 earnings results on Thursday, May 11, 2023 at 04:05 PM.

Here's what investors need to know about the announcement.

Smith Micro Software beat estimated earnings by 25.0%, reporting an EPS of $-0.06 versus an estimate of $-0.08.

Revenue was down $1.80 million from the same period last year.

Last quarter the company missed on EPS by $0.0 which was followed by a 10.45% drop in the share price the next day.

Here's a look at Smith Micro Software's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	-0.08	-0.09	-0.07	-0.08
EPS Actual	-0.08	-0.09	-0.09	-0.08
Revenue Estimate	11.51M	11.71M	12.34M	12.26M
Revenue Actual	11.40M	11.70M	12.67M	12.73M

To track all earnings releases for Smith Micro Software visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.