Welcome to our dedicated page for Smith Micro Software news (Ticker: SMSI), a resource for investors and traders seeking the latest updates and insights on Smith Micro Software stock.
Smith Micro Software, Inc. (Nasdaq: SMSI) develops software that supports the Digital Family Lifestyle™ and enhances the mobile experience for wireless service providers and their subscribers. The SMSI news feed on Stock Titan brings together company press releases, financial announcements, product updates, and regulatory disclosures so investors can follow how Smith Micro executes on its family safety and wireless software strategy.
Recent news highlights include the launch of SafePath OS™ for Senior Phone, a carrier-grade software solution designed to simplify technology and provide safety and connectivity for older adults. Company announcements describe features such as a large-font interface, voice-assisted support, simple onboarding, real-time location and geofences, drive and crash detection, and check-in and family SOS alerts. Earlier updates have detailed enhancements to SafePath OS™ for Kids Phone, including tamper-proof controls, app management, device restrictions, always-on VPN, content filtering, screen time tools, and geofencing.
Investors can also use this page to follow earnings releases and financial results, where Smith Micro reports revenue, gross profit, net loss, and non-GAAP performance measures for its Wireless segment. The company’s news has covered cost reduction initiatives, workforce realignments, and leadership changes aimed at adjusting its cost structure, as well as financing activities such as registered offerings, private placements, and note purchase agreements.
Because Smith Micro is closely tied to wireless service providers and digital lifestyle services, its news flow often touches on carrier partnerships, family safety offerings, and developments in its SafePath ecosystem. Bookmark this page to monitor official Business Wire releases, financial updates, and other material news items that may affect the SMSI stock narrative.
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 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) 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.
Smith Micro Software (NASDAQ: SMSI) reported its Q4 and fiscal year 2024 financial results, marking a challenging period with significant revenue decline. Q4 revenue dropped to $5.0 million from $8.6 million in Q4 2023, while full-year revenue decreased to $20.6 million from $40.9 million in 2023.
The company reported Q4 GAAP net loss of $4.4 million ($0.25 loss per share) compared to $6.7 million loss in Q4 2023. Full-year GAAP net loss widened to $48.7 million ($3.94 loss per share) from $24.4 million in 2023. Gross profit margins were 75.6% in Q4 2024.
The company highlighted its transformation through 2024, focusing on SafePath platform innovations. Notable developments include the launch of SafePath OS and SafePath Kids, with successful deployment of SafePath Kids with Orange Spain's TúYo solution. Cash and equivalents stood at $2.8 million as of December 31, 2024.