Smith Micro Software Inc (SMSI) Q1 2025 Earnings Call Highlights: Navigating Challenges with ...

GuruFocus News

Thu, May 8, 2025, 12:28 AM 3 min read

Release Date: May 07, 2025

For the implicit transcript of the net call, delight notation to the full net telephone transcript.

• Smith Micro Software Inc (NASDAQ:SMSI) is making important advancement with its SafePath OS for kids and elder phones, which aligns with mobile operators' halfway concern strengths.

• The institution is optimistic astir closing caller lawsuit deals and expanding agreements with its existent lawsuit basal for caller and expanded offerings.

• Smith Micro Software Inc (NASDAQ:SMSI) is introducing SafePath 8, which volition see AI-centric features to heighten household information solutions.

• The institution has seen affirmative reception and involvement from operators successful Europe, peculiarly with Orange Spain, and is readying caller initiatives for the back-to-school timeframe.

• Smith Micro Software Inc (NASDAQ:SMSI) is actively engaging with large U.S. carriers similar AT&T and T-Mobile, with ongoing discussions astir expanding SafePath level offerings.

• Smith Micro Software Inc (NASDAQ:SMSI) reported a gross alteration of astir 20% compared to the aforesaid 4th successful 2024.

• Family information revenues decreased by 15% compared to the archetypal 4th of the anterior year, partially owed to the diminution successful bequest Sprint Safe and Found revenue.

• The institution experienced a GAAP nett nonaccomplishment of $5.2 cardinal for the archetypal 4th of 2025.

• Viewspot gross declined importantly by astir $600,000 compared to the archetypal 4th of the anterior year.

• Smith Micro Software Inc (NASDAQ:SMSI) is facing challenges with the timing of selling, contracting, and launching caller offerings with planetary operators, which tin instrumentality longer than desired.

• Warning! GuruFocus has detected 6 Warning Signs with SMSI.

Q: Can you supply immoderate metrics connected the show of Tuyo since its launch? How bash you presumption its occurrence and imaginable penetration successful the younker market? A: Bill Smith, CEO: Tuyo is disconnected to a beardown commencement with bully adoption rates. We expect amended adoption during the summertime and back-to-school periods. Despite launching astatine a challenging time, the merchandise is well-received, and we are optimistic astir its aboriginal growth.

Q: Regarding SafePath Kids, tin you stock immoderate metrics connected engagements and the timing of pilots? Is the 3rd 4th inactive a imaginable inflection point? A: Bill Smith, CEO: Yes, the 3rd 4th remains a imaginable inflection constituent for meaningful launches. We expect to spot maturation driven by our AI initiatives, which are well-received by operators. We purpose to pb the marketplace with continuous merchandise advancements.