Add as a preferred source on GoogleSmith Micro Forecasts $5.4M to $5.6M in Q4 Revenue After Sequential Q3 Growth
The company expects to launch its first software development kit and application programming interface offering in the first half of 2027.
Smith Micro Software, Inc. expects fourth-quarter revenue of $5.4 million to $5.6 million as new SafePath agreements start producing sales and an expanded Tier 1 customer deal adds recurring revenue.
Smith Micro reported third-quarter revenue of $5 million, up 16% sequentially. Gross margin was 81.6%, and the company recorded a non-GAAP loss of $281,000.
New agreements for SafePath OS and SafePath Connect have begun generating revenue. The company said Orange Belgium was its first customer for SafePath Connect.
Smith Micro signed its first contract for software development kit (SDK) and application programming interface (API) tools, which it expects to launch in the first half of 2027. The tools are designed to embed family safety features in carrier-branded apps.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.