Smith Micro Software Past Earnings Performance
Past criteria checks 0/6
Smith Micro Software's earnings have been declining at an average annual rate of -54.3%, while the Software industry saw earnings growing at 16.1% annually. Revenues have been growing at an average rate of 6.1% per year.
Key information
-54.3%
Earnings growth rate
-50.9%
EPS growth rate
| Software Industry Growth | 14.9% |
| Revenue growth rate | 6.1% |
| Return on equity | -32.4% |
| Net Margin | -59.7% |
| Next Earnings Update | 08 May 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Smith Micro Software makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 41 | -24 | 24 | 17 |
| 30 Sep 23 | 44 | -26 | 26 | 20 |
| 30 Jun 23 | 44 | -26 | 27 | 24 |
| 31 Mar 23 | 47 | -29 | 29 | 28 |
| 31 Dec 22 | 49 | -29 | 28 | 29 |
| 30 Sep 22 | 52 | -25 | 29 | 30 |
| 30 Jun 22 | 57 | -38 | 30 | 30 |
| 31 Mar 22 | 60 | -35 | 31 | 29 |
| 31 Dec 21 | 58 | -31 | 30 | 26 |
| 30 Sep 21 | 56 | -26 | 26 | 23 |
| 30 Jun 21 | 52 | -8 | 24 | 21 |
| 31 Mar 21 | 49 | -1 | 21 | 19 |
| 31 Dec 20 | 51 | 4 | 22 | 18 |
| 30 Sep 20 | 51 | 7 | 22 | 17 |
| 30 Jun 20 | 50 | 11 | 21 | 15 |
| 31 Mar 20 | 48 | 13 | 19 | 13 |
| 31 Dec 19 | 43 | 11 | 17 | 12 |
| 30 Sep 19 | 38 | 10 | 17 | 11 |
| 30 Jun 19 | 33 | 5 | 16 | 10 |
| 31 Mar 19 | 29 | -1 | 15 | 9 |
| 31 Dec 18 | 26 | -3 | 14 | 9 |
| 30 Sep 18 | 25 | -6 | 14 | 9 |
| 30 Jun 18 | 24 | -7 | 14 | 9 |
| 31 Mar 18 | 23 | -6 | 15 | 9 |
| 31 Dec 17 | 23 | -7 | 15 | 9 |
| 30 Sep 17 | 24 | -10 | 16 | 10 |
| 30 Jun 17 | 25 | -13 | 17 | 13 |
| 31 Mar 17 | 27 | -15 | 19 | 14 |
| 31 Dec 16 | 28 | -15 | 20 | 16 |
| 30 Sep 16 | 31 | -12 | 20 | 16 |
| 30 Jun 16 | 34 | -8 | 20 | 15 |
| 31 Mar 16 | 36 | -6 | 20 | 14 |
| 31 Dec 15 | 40 | -3 | 20 | 14 |
| 30 Sep 15 | 40 | -2 | 20 | 13 |
| 30 Jun 15 | 40 | -2 | 20 | 13 |
| 31 Mar 15 | 39 | -7 | 21 | 13 |
| 31 Dec 14 | 37 | -12 | 23 | 14 |
| 30 Sep 14 | 38 | -14 | 25 | 15 |
| 30 Jun 14 | 38 | -25 | 28 | 17 |
| 31 Mar 14 | 40 | -27 | 31 | 20 |
| 31 Dec 13 | 43 | -28 | 34 | 21 |
| 30 Sep 13 | 43 | -31 | 36 | 23 |
| 30 Jun 13 | 45 | -22 | 36 | 23 |
Quality Earnings: SS9 is currently unprofitable.
Growing Profit Margin: SS9 is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SS9 is unprofitable, and losses have increased over the past 5 years at a rate of 54.3% per year.
Accelerating Growth: Unable to compare SS9's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: SS9 is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (7.1%).
Return on Equity
High ROE: SS9 has a negative Return on Equity (-32.36%), as it is currently unprofitable.