Smith Micro Software Inc. Provides Earnings Guidance for the Fourth Quarter Ended December 31, 2014, for the First and Full Year 2015
January 14, 2015 at 08:36 am
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Smith Micro Software Inc. provided earnings guidance for the fourth quarter ended December 31, 2014, for the first and full year 2015. For the quarter, the company's revenue is expected to be between $10.4 million and $10.6 million, Non-GAAP operating profit is expected to be in the range of $600,000 to $700,000.
For the first quarter of 2015, the company's revenue is expected to be equal to, or slightly higher than, the fourth quarter of fiscal 2014.
For the full year 2015, the company's revenue is expected to be between $45 million and $49 million. The company expects to be non-GAAP profitable for the fiscal year 2015.
Smith Micro Software, Inc. develops software to simplify and enhance the mobile experience, providing solutions to wireless service providers around the world. It operates through the Wireless segment. From enabling the family digital lifestyle to providing voice messaging capabilities, its solutions enhance connected lifestyles while creating new opportunities to engage consumers via smartphones and consumer Internet of Things (IoT) devices. Its portfolio also includes a range of products for creating, sharing, and monetizing content, such as visual voice messaging, optimizing retail content display and performing analytics on any product set. Its products include SafePath, ViewSpot, and CommSuite. SafePath consists of SafePath Family, SafePath IoT, SafePath Home, and SafePath Premium. The SafePath product suite provides tools to protect family digital lifestyles and manage connected devices both inside and outside the home. ViewSpot is its retail display management platform.
SMITH MICRO SOFTWARE, INC. 
