Welcome to the first edition of Breakout Ideas, a macro post/newsletter created to shine a spotlight on some of the quality content being generated on the Breakout Investor Platform (BIP). I know these things are easier to read if they are entertaining, so please note that we are purposely launching on April Fools Day (to […]
Breakout Investor, Aaron Warwick, has an important article on Smith Micro (SMSI) up this morning at Seeking Alpha. As Aaron details, investor impatience for news on contract wins with major carriers has been dogging the stock. Worried himself, Aaron went to work, and as discussed in his article, concludes that the company is on the […]
Smith Micro Software (SMSI) reported 4Q20 financial results last night, and a whole lot more. Results were steady, but guidance was weak compared to past results. The big news was Smith is acquiring Avast’s Family Safety Mobile Business, including Location Labs. Avast was Smith’s only real competitor, so the deal makes Smith the only outside […]
Yesterday, Smith Micro (SMSI), a software developer providing solutions to some of the leading wireless and cable service providers, announced a new customer win, as well as the expansion of one of their three main products, ViewSpot. Specifically, SMSI noted they added “a Tier-1 carrier” from Spain. Previous research indicates this carrier is likely Orange […]
Yesterday, in a Breakout Investor post, we highlighted that Smith Micro (SMSI) publicly announced the signing of four new customers at the 23rd Annual Needham Growth Conference, as well as on their website via their January 2021 Investor Presentation. Following that announcement, today several analysts following the company issued increased price targets. B. Riley Securities […]
Ahead of their presentation today at the 23rd Annual Needham Growth Conference, Smith Micro (SMSI) updated the Investor Presentation on their Investor Relations webpage. Of particular note is page 23, shown below. This slide speaks volumes. To wit, SMSI signed four new customers in Q4 2020. The only bad news so far is that SMSI […]
After an incredible run from the $3.50 to $4.00 level SMSI (disclosure: long) seems to have peaked for now at $5.80. Investors are waiting for announcements of new customers or contracts, up to three of which were promised on the last call: Eric Martinuzzi And then lastly, I’m anxiously awaiting the announcement of those new […]
On the past several conference calls, Smith Micro (SMSI) management noted they are working on at least one deal for their SafePath product with a carrier in the Middle East. We recently found out that one such carrier is the telecom giant, Ooredoo. In fact, Ooredoo has a website up displaying a yet-to-be-unveiled product, Safe […]
We’ve discovered a website that appears to indicate Smith Micro (SMSI) is near rolling out its white-labeled SafePath product with UScellular. UScellular is calling this product “Family Compass.” You can find more details on UScellular’s webpage here: https://familycompass.uscellular.com. Note that when you click on the App Store or Google Play links on that webpage, you […]
A new SEC Filing greeted SMSI investors this morning, disclosing that CFO Tim Huffmyer sold 20,000 shares at a price of $5.19 on November 19th (yesterday). The stock closed at $5.24 for the day. Not surprisingly, the stock opened lower this morning at $5.16 and quickly dipped to $4.93 in the first 5 minutes of […]
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