Smith Micro Software Inc Stock Price, News & Analysis

Smith Micro Software (NASDAQ: SMSI) reported its Q2 2025 financial results, marked by revenue of $4.4 million, down from $5.1 million in Q2 2024. The company posted a GAAP net loss of $15.1 million ($0.78 per share) and a non-GAAP net loss of $2.8 million ($0.14 per share).

Key developments include the upcoming launch of SafePath® 8 with AI-driven features, and expectations of sequential quarterly revenue growth in H2 2025. The company's gross profit margin improved to 73.5% from 68.7% year-over-year. Post-quarter, Smith Micro completed a $1.5 million registered direct offering to strengthen its cash position, which stood at $1.4 million as of June 30, 2025.

Smith Micro Software (NASDAQ: SMSI) has scheduled its second quarter 2025 financial results announcement for Wednesday, August 6, 2025. The company will release its financial results after market close, followed by a teleconference at 4:30 PM ET / 1:30 PM PT.

Investors can access the conference call by dialing 1-844-701-1164 (US) or 1-412-317-5492 (International). The call will also be available via webcast, with a recording accessible through the company's Investor Relations website section afterward.

Smith Micro Software (NASDAQ: SMSI) has completed a follow-on offering of 1,612,903 registered shares of common stock at $0.93 per share to institutional and accredited investors. The offering included accompanying unregistered warrants allowing holders to purchase up to 1,612,903 additional shares at $1.20 per share.

The combined offering and private placement generated gross proceeds of approximately $1.5 million before fees and expenses. The warrants are immediately exercisable and will expire in five years. The company plans to use the proceeds for working capital and general corporate purposes. Chardan acted as financial advisor, while Buchanan Ingersoll & Rooney PC and Haynes and Boone, LLP served as legal counsel.

Smith Micro Software (NASDAQ: SMSI) has announced a follow-on offering involving 1,612,903 registered shares of common stock at $0.93 per share, along with accompanying unregistered warrants. The warrants allow holders to purchase an equal number of shares at $1.20 per share, exercisable immediately with a 5-year expiration.

The combined registered offering and private placement is expected to generate gross proceeds of approximately $1.5 million, which will be used for working capital and general corporate purposes. The transaction is anticipated to close by July 18, 2025, with Chardan serving as financial advisor.

Smith Micro Software (NASDAQ: SMSI) has announced the sale of its ViewSpot platform to an unnamed US-based company as part of its strategic realignment to focus on family safety solutions. The divestiture, completed on June 3, 2025, marks a significant step in the company's strategy to concentrate resources on its SafePath platform. CEO William W. Smith Jr. highlighted upcoming developments including SafePath 8 with AI-powered features, SafePath Kids rate plan solution, and SafePath OS-powered phones for children and seniors. The company aims to capitalize on family safety market demand while working towards returning to growth and profitability.

Smith Micro Software (NASDAQ: SMSI) has appointed Tim Huffmyer to the newly-created dual role of Chief Operating Officer and Chief Financial Officer, effective June 9, 2025. Huffmyer, who previously served as Smith Micro's CFO from 2017 to 2021, will rejoin the company from Urgent.ly Inc., where he served as CFO. In his new position, he will oversee both operational and financial aspects of the company, reporting directly to CEO William W. Smith, Jr. Huffmyer succeeds James Kempton, who has served as CFO since 2021. The appointment aligns with Smith Micro's strategic focus on returning to growth and profitability.

Smith Micro Software (NASDAQ: SMSI) has announced the upcoming launch of SafePath® 8, a significant upgrade to its family safety platform set for release in 2025. The new version will introduce several AI-powered features designed to enhance family digital safety and management.

Key features include: Social Media Intelligence that monitors and alerts parents about concerning online content; Dynamic Age-Awareness platform that automatically configures protection settings based on a child's age group; AI Blocking Function to restrict children's access to AI chatbots and tools; and an AI Assistant for parents to gain insights about family activities. Additionally, the platform will include a Digital Wellness Resource Website accessible through the SafePath application.

These features will be available across the entire SafePath ecosystem, including SafePath Kids rate plan solution, OTT apps, and SafePath OS-powered devices for kids and seniors.

Smith Micro Software (NASDAQ: SMSI) reported its Q1 2025 financial results. The company recorded revenue of $4.6 million, down from $5.8 million in Q1 2024. Gross profit was $3.4 million with a margin of 72.8%. The company posted a GAAP net loss of $5.2 million ($0.28 per share), improved from a loss of $31.0 million ($3.28 per share) in Q1 2024. Non-GAAP net loss was $2.9 million ($0.16 per share). The company highlighted progress in product development, particularly with SafePath OS for kids and senior phones and SafePath Kids for carrier-specific child-friendly rate plans. Management also announced the upcoming launch of SafePath 8, focused on enhancing digital safety and family connectivity features.

Smith Micro Software (NASDAQ: SMSI) has scheduled its first quarter 2025 financial results announcement for Wednesday, May 7, 2025, after regular trading hours. The company will host a teleconference at 4:30 PM ET / 1:30 PM PT to discuss the results.

Interested parties can access the conference call by dialing 1-844-701-1164 (US) or 1-412-317-5492 (International) ten minutes before the start time. The call will also be available via webcast, and a recording will be accessible through Smith Micro's Investor Relations website section afterward.