Smith Micro Software Q3 Adj. EPS $(0.12) Beats $(0.23) Estimate, Sales $4.347M Miss $4.600M Estimate

Smith Micro Software (NASDAQ:SMSI) reported quarterly losses of $(0.12) per share which beat the analyst consensus estimate of $(0.23) by 48.94 percent. This is a 60 percent increase over losses of $(0.30) per share from the same period last year. The company reported quarterly sales of $4.347 million which missed the analyst consensus estimate of $4.600 million by 5.50 percent. This is a 6.48 percent decrease over sales of $4.648 million the same period last year.