Articles from Smith Micro Software, Inc.

Smith Micro Software, Inc. (Nasdaq: SMSI) announces that its white-label SafePath® digital parenting solution is powering the new and groundbreaking TúYo children’s mobile plan launched by Orange Spain (MASORANGE Group) earlier today. Based on Smith Micro’s flagship SafePath Digital Family Lifestyle™ solution, the new TúYo service is the world’s first mobile tariff with built-in protections designed specifically for the development of healthy and responsible digital habits for children at its core.

Smith Micro Software, Inc. (Nasdaq: SMSI) (“Smith Micro” or the “Company”) today reported financial results for its third quarter ended September 30, 2024.

Smith Micro Software, Inc. (NASDAQSMSI) today announced that it will report its third quarter 2024 results following the close of regular trading on Wednesday, November 13, 2024. The news release will be followed by a teleconference available to all interested parties at 4:30 pm ET / 1:30 pm PT.

Smith Micro Software, Inc. (the “Company” or “Smith Micro”) (NASDAQSMSI) today announced the completion of investments in Company securities in two offerings: a registered offering with certain institutional and accredited investors and an unregistered offering with the Company’s chief executive officer. Both offerings were priced based on the market value of the offered securities as of the time of signing the purchase agreements, and the gross proceeds of the two offerings is $6.9 million, including the investment of $3.0 million made by the Company’s chief executive officer.

Smith Micro Software, Inc.(the “Company” or “Smith Micro”) (NASDAQSMSI) today announced that it has entered into definitive agreements with respect to two separate offerings; a registered offering with certain institutional and accredited investors, and an unregistered offering with the Company’s chief executive officer. Both offerings have been priced based on the market value of the offered securities as of the time of signing the purchase agreements. The aggregate gross proceeds of the two offerings are expected to be approximately $6.9 million, which includes a committed investment of $3.0 million from the Company’s chief executive officer.

Smith Micro Software, Inc. (Nasdaq: SMSI) announced that it has signed a marketing engagement agreement with Competitive Carriers Association (CCA). Smith Micro and CCA will partner to market Smith Micro’s SafePath Global™ family safety solution to CCA’s carrier members under a single branded application. This partnership will enable CCA carrier members of any size to offer this valuable solution to their subscribers under the rapid go-to-market model that SafePath Global supports. The app will be distributed via Google Play and the Apple App Store.

Smith Micro Software, Inc. (Nasdaq: SMSI) (“Smith Micro” or the “Company”) today reported financial results for its second quarter ended June 30, 2024.

Smith Micro Software, Inc. (NASDAQSMSI) today announced that it will report its second quarter 2024 results following the close of regular trading on Thursday, August 1, 2024. The news release will be followed by a teleconference available to all interested parties at 4:30 pm ET / 1:30 pm PT.

Smith Micro Software, Inc. (the “Company” or “Smith Micro”) (NASDAQSMSI), a software development company that sells proven solutions to wireless service providers, today announced the closing of its offering of 1,910,000 shares of its common stock or common stock equivalents in lieu thereof (together with accompanying warrants) at a price of $2.15 per share to certain institutional and accredited investors pursuant to a definitive agreement with the investors. The holders of the warrants will be able to purchase up to an aggregate of 1,910,000 shares of the Company’s common stock at an exercise price of $2.34 per share. The warrants were issued to the investors in a private placement and will become exercisable following the six month anniversary of the closing date for the transaction and will expire on the date that is five and one-half years after the closing date.

Smith Micro Software, Inc. (the “Company” or “Smith Micro”) (NASDAQSMSI), a software development company that sells proven solutions to wireless service providers, today announced that it has entered into a definitive agreement with an investor for the issuance of an aggregate of 1,910,000 shares of its common stock or common stock equivalents in lieu thereof (together with an accompanying warrant) at a price of $2.15 per share, or common stock equivalent thereof. The warrants will enable the holders to purchase up to an aggregate of 1,910,000 shares of the Company’s common stock at an exercise price of $2.34 per share and will be issued to the investors in a private placement. The warrants will become exercisable following the six month anniversary of the closing date for the transaction and will expire on the date that is five and one-half years after the closing date.

Smith Micro Software, Inc. (Nasdaq: SMSI) (“Smith Micro” or the “Company”) today reported financial results for its first quarter ended March 31, 2024.

Smith Micro Software, Inc. (Nasdaq: SMSI) today announced two new marketing programs to help drive subscriber growth of mobile operators’ SafePath-based solutions. The Company has launched its affiliate/influencer program, which will leverage affiliate and influencer marketing to reach consumers, spread awareness of the value of these solutions for families, and drive subscriber growth. In addition, the Company will soon launch a new retail store ambassador marketing program, which will create new opportunities to incentivize retail stores of partner brands to promote the solution and help more families with in-store signup for new subscriptions.

Smith Micro Software, Inc. (NASDAQSMSI) today announced that it will report its first quarter 2024 results following the close of regular trading on Wednesday, May 8, 2024. The news release will be followed by a teleconference available to all interested parties at 4:30 pm ET / 1:30 pm PT.

Smith Micro Software, Inc. (Nasdaq: SMSI) (“Smith Micro” or the “Company”), announced today that it has received notice from The Nasdaq Stock Market informing the Company that, after having a closing bid price at or greater than $1.00 per share for 12 consecutive business days from April 11, 2024 to April 26, 2024, the Company has regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2) for continued listing on The Nasdaq Capital Market, and that the matter is now closed.

Smith Micro Software, Inc. (Nasdaq: SMSI) (“Smith Micro” or the “Company”), announced today that the Company’s Board of Directors has approved a 1-for-8 reverse split of the Company’s Common Stock, par value $0.001 per share (the “Common Stock”) (the “Reverse Split”). The Reverse Split was approved by the Company’s stockholders at a special meeting held on April 3, 2024. The Reverse Split will legally take effect at 11:59 p.m. Eastern Time, on April 10, 2024. The Company’s Common Stock will open for trading under a new CUSIP number 832154405 on The Nasdaq Capital Market on April 11, 2024, on a split-adjusted basis under the current ticker symbol “SMSI.” The Reverse Split is intended to increase the per share trading price of the Company’s common stock to enable the Company to regain compliance with the minimum bid price requirement for continued listing on The Nasdaq Capital Market.

Smith Micro Software, Inc. (Nasdaq: SMSI) announced that it has a signed a new agreement with a U.S.-based mobile operator for deployment of the SafePath® solution to its subscribers.

Smith Micro Software, Inc. (Nasdaq: SMSI) (“Smith Micro” or the “Company”) today reported financial results for its fourth quarter and fiscal year ended December 31, 2023.

Smith Micro Software, Inc. (Nasdaq: SMSI) today introduced SafePath OS™, a new family safety solution to be built on the Android operating system, which focuses on digital safety for children and families while providing mobile network operators (MNOs) another way to offer a kids phone to their subscribers. The solution is expected to be available in the second half of this year and will serve as another means for MNOs to support their family subscribers in the rapidly changing and increasingly dangerous digital and physical world. Smith Micro will work with MNOs to package and promote a kids phone with Smith Micro’s powerful flagship SafePath® digital family safety software preinstalled and configured on one or more devices selected by the MNO.

Smith Micro Software, Inc. (NASDAQSMSI) today announced that it will report its fourth quarter 2023 and fiscal year 2023 financial results following the close of regular trading on Thursday, February 22, 2024. The news release will be followed by a teleconference available to all interested parties at 4:30 pm ET / 1:30 pm PT.

Smith Micro Software, Inc. (Nasdaq: SMSI) announced that the senior secured convertible notes that it issued in August of 2022 to certain accredited investors have been retired at maturity in accordance with their terms.

Smith Micro Software, Inc. (Nasdaq: SMSI) announces that it has signed a multi-year agreement to provide its flagship SafePath® Digital Family Lifestyle™ solution to a major Tier 1 mobile network operator (MNO) in Europe.

Smith Micro Software, Inc. (Nasdaq: SMSI) (“Smith Micro” or the “Company”) today reported financial results for its third quarter ended September 30, 2023.

Smith Micro Software, Inc. (Nasdaq: SMSI), a leading provider of innovative, white-labeled Family Digital Lifestyle™ solutions featuring location-based services and parental controls, today announced a series of new enhancements to its flagship SafePath® platform planned for release in 2024. These upgrades will provide mobile network operators (MNO) with a robust and valuable set of tools, along with a go-to-market strategy for rapid deployment and launch, to help protect people against dangers and threats in both the physical and digital world.

Smith Micro Software, Inc. (NASDAQSMSI) today announced that it will report its third quarter and year-to-date 2023 financial results following the close of regular trading on Wednesday, November 8, 2023. The news release will be followed by a teleconference available to all interested parties at 4:30 pm ET / 1:30 pm PT.

Smith Micro Software, Inc. (NASDAQSMSI) (Smith Micro) today announced that a major U.S. carrier has launched an upgraded version of its family safety application, which now leverages Smith Micro’s flagship SafePath Digital Family Lifestyle™ platform. The launch is a culmination of months of work to deliver all of the app’s functionality via the SafePath platform, paving the way for a unified app experience for consumers, while offering best-in-class digital family safety features.

Smith Micro Software, Inc. (NASDAQSMSI) (“Smith Micro” or the “Company”) today reported financial results for its second quarter ended June 30, 2023.

Smith Micro Software, Inc. (NASDAQSMSI) today announced that it will report its second quarter and year-to-date 2023 financial results following the close of regular trading on Wednesday, August 9, 2023. The news release will be followed by a teleconference available to all interested parties at 4:30 pm ET / 1:30 pm PT.

Smith Micro Software, Inc. (NASDAQSMSI) (“Smith Micro” or the “Company”) today reported financial results for its first quarter ended March 31, 2023.

Smith Micro Software, Inc. (NASDAQSMSI) today announced that it will report its first quarter 2023 financial results following the close of regular trading on Thursday, May 11, 2023. The news release will be followed by a teleconference available to all interested parties at 4:30 pm ET / 1:30 pm PT.

Smith Micro Software, Inc. (Nasdaq: SMSI) (“Smith Micro” or the “Company”) today announced that they will be presenting and leading a roundtable discussion at the upcoming Mobile Carriers Show in Pittsburgh, Pennsylvania on May 2 through May 4, 2023. Smith Micro will highlight its unique approach to marketing, managing, and optimizing value-added services (VAS) solutions in the interactive session, “Maximizing Revenue and Customer Loyalty From Your Value-Added Services.”

Smith Micro Software, Inc. (Nasdaq: SMSI) (“Smith Micro” or the “Company”) today provided an update to its previously announced cost reduction initiatives. In furtherance of these initiatives, the Company earlier this month executed workforce reductions in the United States and Portugal and announced the further reduction of its global workforce in Serbia and Slovakia. In the aggregate, these actions will result in a reduction of approximately 26% of the Company’s total global workforce. Along with these actions, the Company announced its decision to close its Slovakian operations, effective June 30, 2023.

Smith Micro Software, Inc. (NASDAQSMSI) (“Smith Micro” or the “Company”) today reported financial results for its fourth quarter and fiscal year ended December 31, 2022.

Smith Micro Software, Inc. (NASDAQSMSI) today announced that it will report its fourth quarter and fiscal year 2022 financial results following the close of regular trading on Thursday, March 9, 2023. The news release will be followed by a teleconference available to all interested parties at 4:30 pm ET / 1:30 pm PT.

Smith Micro Software, Inc. (Nasdaq: SMSI) today announced that on February 21, 2023, the Company received written notice of contract termination from a U.S.-based Tier 1 carrier customer for the Company’s family safety solution, effective June 30, 2023. At the customer’s election, the Company remains obligated to deliver service under the agreement for a transition period of up to 180 days beyond June 30, 2023. The Company is reviewing and expects to take appropriate action to reduce expenses associated with the affected customer agreement, and will reallocate certain resources to the Company’s multiple other Tier 1 U.S. carrier customers and to its customers outside of the U.S.

(Nasdaq: SMSI), Smith Micro Software, Inc. will attend MWC Barcelona, organized by the GSMA and held February 27 through March 2, 2023 at the Fira Barcelona Gran Via in Barcelona, Spain. MWC is the telecommunications industry’s largest and most influential event, bringing together senior executives and influencers from the top global companies in the telecommunications ecosystem. Participants for Smith Micro will include Von Cameron, Chief Revenue Officer for the Company, and Jonas Jacobsson, Smith Micro’s Vice President of Sales for Europe, Middle East & Africa.

(Nasdaq: SMSI), Smith Micro Software, Inc., today announced that the Company has entered into a new contract with a leading mobile network operator in the U.S. to continue to provide digital family safety solutions. The contract replaces the prior agreement that the two entities had in place with new, mutually agreed terms for Smith Micro’s delivery of its market-leading digital family safety solution that includes parental controls and location services.

Smith Micro Software, Inc. (the “Company” or Smith Micro”) (NASDAQSMSI) is commemorating 40 years in business as a leading developer of innovative software solutions. Also celebrating his 40th anniversary as President, CEO and Chairman of the Board of Smith Micro is William W. Smith Jr., who co-founded the Company on November 30, 1982 with the vision of filling the need for cutting edge telecommunications software solutions that could automate manual tasks and respond quickly to changes dictated by rapidly evolving technology, connectivity, and business automation.

Smith Micro Software, Inc. (Nasdaq: SMSI) today announced it would be presenting at the Benchmark Company’s 11th Annual Discovery One-on-One Investor Conference to be held Thursday, December 1, 2022, at the New York Athletic Club in New York City.

In the Third Quarter Year-to-Date 2022 Financial Results section, the fifth paragraph, first sentence should read: Non-GAAP net loss for the nine months ended September 30, 2022 was $14.5 million, or $0.26 diluted loss per share…

Smith Micro Software, Inc. (NASDAQSMSI) today announced that it will report its third quarter 2022 financial results following the close of regular trading on Wednesday, November 9, 2022. The news release will be followed by a teleconference available to all interested parties at 4:30 pm ET / 1:30 pm PT.

Smith Micro Software, Inc. (the “Company” or “Smith Micro”) (NASDAQSMSI) today announced investments in Company securities by institutional and accredited investors pursuant to two offerings, the expected gross proceeds of which are expected to be $18 million.

Smith Micro Software, Inc. (NASDAQSMSI) (“Smith Micro” or the “Company”) today reported financial results for its second quarter ended June 30, 2022.

Smith Micro Software, Inc. (NASDAQSMSI) today announced that it will report its second quarter 2022 financial results following the close of regular trading on Thursday, August 11, 2022. The news release will be followed by a teleconference available to all interested parties at 4:30 pm ET / 1:30 pm PT.

With more than 30 years of experience as the driving force behind sales of technology solutions to communications providers and enterprises globally, Von Cameron has joined the executive leadership team at Smith Micro Software, a leading provider of technology solutions and applications to wireless service providers and cable multiple system operators (MSOs) around the world. Cameron will serve as Chief Revenue Officer where he will be responsible for guiding the company’s customer acquisition, relationship management, and sales strategy.

Smith Micro Software, Inc. (NASDAQSMSI) (“Smith Micro” or the “Company”) today reported financial results for its first quarter ended March 31, 2022.

Smith Micro Software, Inc. (NASDAQSMSI) today announced that it will report its first quarter 2022 financial results following the close of regular trading on Wednesday May 4, 2022. The news release will be followed by a teleconference available to all interested parties at 4:30pm ET / 1:30pm PT.

Smith Micro Software, Inc. (NASDAQSMSI) announces the election of two new members to its Board of Directors, both of whom are visionaries who bring decades of experience in executive leadership, technology expertise, as well as strategic execution and advisement.

Smith Micro Software, Inc. (NASDAQSMSI) (“Smith Micro” or the “Company”) today announced that on March 31 2022, the Company entered into a secured revolving credit facility with Wells Fargo Bank, National Association. This revolving line of credit provides the Company with borrowings of up to $7.0 million that can be utilized to finance the Company’s working capital requirements and other general corporate purposes. The credit facility has a term of one year but may be renewed upon mutual agreement of the parties.

Today, Smith Micro Software, Inc. (NASDAQSMSI) announces that a United States based Tier 1 wireless carrier has launched a new, advanced version of its family-safety application, now powered by Smith Micro’s SafePath® 7 platform. With this service, newly enhanced by the advanced capability of SafePath 7, the wireless carrier will provide advanced digital family safety functionality to its subscriber base including robust parental controls, real-time location services and app evasion features. The family safety application is also compatible with Smith Micro’s SafePath Home solution, which extends SafePath’s robust parental controls to in-home connected devices via a cloud-managed router agent.

Smith Micro Software, Inc. (NASDAQSMSI) (“Smith Micro” or the “Company”) today reported financial results for its third quarter ended September 30, 2021.

Smith Micro Software, Inc. (NASDAQSMSI) today announced that it will report its third quarter 2021 financial results following the close of regular trading on Wednesday, November 10, 2021. The news release will be followed by a teleconference available to all interested parties at 4:30pm ET / 1:30pm PT.

Smith Micro Software, Inc. (NASDAQSMSI), today announced the appointment of James M. Kempton as its new Chief Financial Officer, effective November 3, 2021. Kempton joins Smith Micro from L.B. Foster Company where he serves as Corporate Controller and Principal Accounting Officer.

Nearly nine in 10 American parents use digital parenting technology to manage their children’s internet activity and to ensure their online safety according to a recent consumer survey* commissioned by Smith Micro Software, Inc. (NASDAQSMSI). Underscoring the importance to parents of keeping their kids safe online, 86% of the parents surveyed said they have regular talks with their kids about online safety.

Smith Micro Software, Inc. (NASDAQSMSI) today announced that as part of the orderly transition to replace Tim Huffmyer as Chief Financial Officer, the Company has hired Mike Fox as its interim Vice President of Finance. Following Mr. Huffmyer’s departure, Mr. Fox will serve as the Company’s interim CFO while the Company continues its search for a permanent CFO over the next several months.

Smith Micro Software, Inc. (NASDAQSMSI) (“Smith Micro” or the “Company”) today reported financial results for its second quarter ended June 30, 2021.

Smith Micro Software, Inc. (NASDAQSMSI) today announced that it will report its second quarter 2021 financial results following the close of regular trading on Wednesday, August 4, 2021. The news release will be followed by a teleconference available to all interested parties at 4:30pm ET / 1:30pm PT.

Smith Micro Software, Inc. (NASDAQSMSI) today announced that Tim Huffmyer has informed the Company of his intention to resign as Chief Financial Officer (CFO) to pursue an opportunity with another company. Mr. Huffmyer is expected to continue his role as CFO over the next seven weeks, while assisting the Company with an orderly transition, including the search for his replacement.

Smith Micro Software, Inc. (NASDAQSMSI), today announced that the company will co-host an analyst-led webinar on July 13, 2021 with TU-Automotive. Titled Smartphones: Dangerous Distraction or Driver Safety Companion?, the webinar will break down the findings and provide insights from Smith Micro’s Distracted Driving Survey,* which the company announced earlier this month.

According to a recent consumer survey* commissioned by Smith Micro Software, 70% of parents believe that smartphones put their children’s generation at more risk for distracted driving-related accidents. Four in ten parents stated that their teen driver has been involved in a distracted driving-related accident and 63% believe their teen is more likely to get into an accident caused by distracted driving when they’re driving or riding with their friends.

Smith Micro Software, Inc. (NASDAQSMSI) today announced that the company will participate in the Needham & Company 16th Annual Virtual Technology & Media Conference (NTMC), which will be held virtually May 17 – 20, 2021.

Smith Micro Software, Inc. (NASDAQSMSI) (“Smith Micro” or the “Company”) today reported financial results for its first quarter ended March 31, 2021.

Smith Micro Software, Inc. (NASDAQSMSI) today announced that it will report its first quarter 2021 financial results following the close of regular trading on Wednesday, May 5, 2021. The news release will be followed by a teleconference available to all interested parties at 4:30pm ET / 1:30pm PT.

Smith Micro Software, Inc. (“Smith Micro” or “ the Company”) (NASDAQSMSI) today announced that it has completed its previously announced acquisition of Avast plc’s Family Safety Mobile business. With this acquisition, Smith Micro obtains Avast’s portfolio of mobile family safety services including location features, content filtering and screen time management, cementing Smith Micro as a market leader in delivering mobile family safety software solutions to wireless carriers.