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Smith Micro Software Inc
As of May 30, 2026 at 12:32 UTC
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About Smith Micro Software Inc
Smith Micro Software Inc provides software solutions that simplify and enhance the mobile experience to some of the wireless service providers around the globe. The company's solutions include SafePath product suite provides comprehensive and easy-to-use tools to protect family digital lifestyles and manage connected devices both inside and outside the home; CommSuite premium messaging platform helps mobile service providers deliver a next-generation voicemail experience to mobile subscribers, while monetizing a legacy cost-center; and ViewSpot its retail display management platform provided wireless carriers and retailers with a way to bring powerful on-screen, interactive demos to life. It operates in single segment: Wireless.
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Latest News
5 articlesThe consumer asset tracking market in Europe and North America is experiencing significant growth, with the installed base of active devices expected to grow from 15.0 million units in 2024 to 30.7 million by 2029 at a CAGR of 15.4%. Market value is forecasted to increase from €2.0 billion to €4.1 billion over the same period. Key growth drivers include advancements in LPWA technologies, AI integration, improved battery life, and affordability. Major segments include family/child tracking, pet tracking, vehicle tracking, and general asset tracking.
Smith Micro Software reported a wider-than-expected Q2 2024 loss, with revenues declining 50.5% year-over-year due to lower sales across various segments. The company expects Q3 CommSuite sales to increase marginally, but overall performance remains weak.
Smith Micro Software, Inc. reported a Q2 loss of $0.38 per share, missing the Zacks Consensus Estimate of a loss of $0.35. The company's revenue of $5.14 million also missed estimates. The stock has lost about 62.9% since the beginning of the year.
