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Smith Micro Q1 FY26 net loss narrows 25% to $3.9 million; revenue falls to $4.2 million

PUBT·04/29/2026 20:03:55
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Smith Micro Q1 FY26 net loss narrows 25% to $3.9 million; revenue falls to $4.2 million
  • Smith Micro posted a GAAP net loss of $3.9 million, or $0.15 per share, for first quarter ended March 31, 2026.
  • Revenue slipped 8.66% to $4.2 million.
  • Gross margin rose 5.6 percentage points to 78.4%.
  • Cash and cash equivalents totaled $1.7 million at quarter-end.
  • Tim Huffmyer said operating discipline improved results versus fourth quarter 2025, and management expects topline growth in second quarter on new business under contract expected to close soon.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Smith Micro Software Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202604291600BIZWIRE_USPR_____20260429_BW357736) on April 29, 2026, and is solely responsible for the information contained therein.