Smith Micro Software reports Q1 EPS (16c) vs (45c) last year

Reports Q1 revenue $4.621M vs $5.798M last year. “During our first quarter, we continued executing on our initiatives with a sharpened focus on our latest product developments in SafePath OS for kids and senior phones and SafePath Kids, which enables carriers to deliver child-friendly rate plans. We have engaged in extensive discussions with current and prospective mobile operator customers, and with our latest product innovations, we have expanded our reach within these organizations, opening new opportunities for our sales team,” said William W. Smith, Jr., president, chief executive officer, and chairman of the board of Smith Micro.