Smith Micro Software showed a 16% rise in revenue last quarter and cut its losses from last year.

Nov 12, 2026, 4:05 PM ETResultsRead the original at SEC EDGAR

Neutral

Smith Micro's sales grew for 3 quarters in a row, the share left after direct costs rose, and losses narrowed. But sales for the first 9 months barely changed, and it still lost money with $2.4 million in cash, leaving mixed signs.

SMSI · Smith Micro Software, Inc.

AI read · Neutral

The AI's read

The business has improved from its earlier results, but the improvement is concentrated in the latest quarter. Sales over the first 9 months were $13.6 million, versus $13.4 million a year earlier, and the company still lost $8.3 million over that span. The gains and ongoing losses leave a mixed picture.

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