SMSI

Overview

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"Fourth Quarter Pro Forma Earnings Increased 168% to $7.0 Million or $0.26 per Diluted Share.  
   
   
Approximate Financial Snapshot as of 3/19/07
Shares Outstanding 24.35M
52 Wk Hi/Lo 19.01/

8.86

Market Cap $383.1M
Recent Price $15.73

 

 

3/19/07

Smith Micro Software (SMSI)

Website: www.smitmicro.com

Fourth Quarter Revenue Increase of 115% to $17.2 Million. Fourth Quarter Pro Forma Earnings Increased 168% to $7.0 Million or $0.26 per Diluted Share.


Overview

Smith Micro Software (SMSI) develops innovative communications software for the wireless industry. Leading-edge mobility products simplify communications access over both Wireless Wide Area Networks (WWANs) and Wireless Local Area Networks (WLANs), and compression technologies such as StuffIt have been established as industry standards.

Smith Micro software products and services span multiple OS platforms including Windows, Pocket PC, Mac, Palm, Unix and Linux. The company's integrated, easy-to-use, cross-platform software products are incorporated in personal computing and enterprise business solutions that maximize user's productivity.

Smith Micro has extensive experience in providing OEM software and solutions to a variety of wireless carriers and device manufacturers and has sold over 50 million copies of various QuickLink-branded products.

This is an abbreviated profile and we encourage readers interested in learning more about Smith Mirco Software visit the company website at www.smithmicro.com.


SMSI Investor Highlights

  • Smith Micro Software is said to be in the final stages of signing a supply agreement with Sprint Nextel, according to people familiar with the deal.
  • Announced it has signed an exclusive publishing agreement with MediaRECOVER, LLC., a leader in data recovery solutions. MediaRECOVER 4.0 offers users a feature-rich application for recovering pictures, music, video, and data files from memory cards, "thumb drives," and digital "film" that have been damaged, accidentally erased or reformatted.
  • Verizon Wireless is Smith's biggest music customer. Verizon also buys Smith's PC connectivity cable kits. Verizon Wireless made up 74% of Smith's revenue in the fourth quarter.
  • Was issued U.S. Patent No. 7,184,603, "System and Method for Lossless Compression of Digital Images" by the U.S Patent and Trademark Office. The '603 patent extends to a system for lossless compression of digital images and describes a method for improving image compression by applying adaptive techniques to achieve significant compression gains over currently known methods.
  • Announced it has signed an exclusive publishing agreement with KMT Software, Inc., a leading supplier of high-quality content for Microsoft Office and other desktop applications.
  • Fiscal 2006 Revenue Increased 169% to $54.5 Million. Fiscal 2006 Pro Forma Earnings Increased 219% to $17.5 Million or $0.69 per Diluted Share. 
  • Fourth Quarter Revenue Increase of 115% to $17.2 Million. Fourth Quarter Pro Forma Earnings Increased 168% to $7.0 Million or $0.26 per Diluted Share.

Recent News and Press Releases

Smith Micro Licenses Firmware Over-the-Air Update Technology to Sybase iAnywhere

Smith Micro Develops New Photo Management Software Title: 'Major League Baseball Grand Slam Photo Studio' for Sakar International

Smith Micro Software Announces Mobile Music Agreement With IUSACELL for QuickLink(R)

Smith Micro Previews StuffIt(R) Wireless Windows Mobile Edition at CTIA Wireless 2007

Smith Micro Announces Launch Of QuickLink(R)Media - An Intuitive, All-In-One Multimed 

Smith Micro Announces Its New 'Paperless' Mobile Sweepstakes Generator

Smith Micro Bags Sprint

Smith Micro's Consumer Group Adds Powerful File Recovery Tool - MediaRECOVER(R) 4.0 to Their Photo Product Line

Software Maker Rings Up Music For Cell Phones, Taking On Apple

Smith Micro Issued Patent for Lossless Compression of Digital Images

Smith Micro's Consumer Group Enters Into Exclusive Publishing Deal With KMT Software, Inc.

Smith Micro Software Reports Record Fourth Quarter and Fiscal 2006 Results

For the latest Quote and News on SMSI Click Here.


Three Month Chart



Outlook

Smith Micro Software, Inc., a small-cap growth company in the technology sector, is expected to significantly outperform the market over the next six months with average risk. Source MSN


Contacts

Smith Micro Software Inc.

51 Columbia
Suite 200
Aliso Viejo, CA 92656
Phone: 949-362-5800
Fax: 949-362-2300


SEC Filings

SMSI filings with the SEC can be found here. All Fillings are current and the Company is fully reporting.


Disclaimer

SmallCapReview.com feature stock reports are intended to be stock ideas, NOT recommendations. Please do your own research before investing. It is crucial that you at least look at current SEC filings and read the latest press releases. For continuing coverage of SMSI, please sign up for our free newsletter. Information contained in this report was extracted from current documents filed with the SEC, the company web site and other publicly available sources deemed reliable. For more information see our disclaimer section, a link of which can be found on our web site. This document contains forward-looking statements, particularly as related to the business plans of the Company, within the meaning of Section 27A of the Securities Act of 1933 and Sections 21E of the Securities Exchange Act of 1934, and are subject to the safe harbor created by these sections. Actual results may differ materially from the Company's expectations and estimates. The information provided in this report is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation or which would subject us to any registration requirement within such jurisdiction or country.

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