Smith Micro Software announces Q3 EPS of 12 cents, compared to a loss of 30 cents last year.
Reports Q3 revenue $4.3M vs. $4.6M last year. "We believe we have taken great strides during and since the third quarter ended, building on key customer opportunities to set the stage for future growth, streamlining our operations for a faster and more agile delivery organization and strengthening our financial foundation. As we continue to advance our discussions around key customer initiatives and identify new opportunities aimed at broadening the reach of our products, I believe the renewed family focus occurring in the carrier market worldwide creates a substantial opportunity for Smith Micro Software," said William W. Smith Jr., president, chief executive officer, and chairman of the board of Smith Micro. "Carriers are focused on attracting and retaining valuable family subscribers and demand solutions that will help them meet that objective. Our 'connected life' vision brings what I believe is the most expansive and powerful Family Digital Lifestyle offering in the market today. Our SafePath(R) ecosystem spans the entire digital safety journey for families, from kids to seniors and every family member between."
