Smith Micro Software, Inc. (SMSI) Misses Q3 EPS by 10c, Announces 5M Share Buyback Plan

Smith Micro Software, Inc. (NASDAQ: SMSI) reported Q3 EPS of ($0.27), $0.10 worse than the analyst estimate of ($0.17). Revenue for the quarter came in at $12.6 million versus the consensus estimate of $14.1 million.

Smith Micro Software, Inc. today announced that its Board of Directors has approved a program authorizing the repurchase of up to five million shares of the company's common stock over a period of up to two years.

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