Smith Micro Software, Inc. (SMSI) Reports Q2 Loss, Misses Revenue Estimates

Smith Micro Software, Inc. (SMSI) came out with a quarterly loss of $0.38 per share versus the Zacks Consensus Estimate of a loss of$ 0.35. This compares to loss of $0.08 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -8.57%. A quarter ago, it was expected that this company would post a loss of$ 0.24 per share when it actually produced a loss of $0.45, delivering a surprise of -87.50%. Over the last four quarters, the compan ...