Earnings Call Summary | Smith Micro Software(SMSI.US) Q3 2024 Earnings Conference
Earnings Call Summary | Smith Micro Software(SMSI.US) Q3 2024 Earnings Conference
The company is focusing on reducing costs, having already achieved $1.9 million in cost reductions in Q3 and targeting up to $2.8 million in the next quarter.The following is a summary of the Smith Micro Software, Inc. (SMSI) Q3 2024 Earnings Call Transcript:
以下是Smith Micro Software, Inc. (SMSI) 2024年第三季度業績發佈會記錄的總結：
Financial Performance:
財務表現：
Smith Micro Software, Inc. reported Q3 2024 revenue of $4.6 million, down 58% from Q3 2023.
Gross profit for Q3 was $3.3 million with a gross margin of 72%.
The company is focusing on reducing costs, having already achieved $1.9 million in cost reductions in Q3 and targeting up to $2.8 million in the next quarter.
GAAP net loss for Q3 2024 was $6.4 million, or a $0.54 loss per share.
Smith Micro Software, Inc. 報告2024年第三季度營業收入爲460萬，較2023年第三季度下降58%。
第三季度的毛利潤爲330萬，毛利率爲72%。
公司正在專注於降低成本，在第三季度已實現190萬的成本削減，並計劃在下個季度再削減至多280萬。
2024年第三季度的GAAP淨虧損爲640萬，每股虧損爲0.54美元。
Business Progress:
業務進展：
Smith Micro will soon announce a European carrier launch and expects to sign a contract with a U.S.-based MVNO for deploying their SafePath OS solution.
Has accelerated deployment for SafePath OS due to strong market interest, with first deployments expected in Q1 2025.
Partnerships have been formed with the Competitive Carrier Association under the brand name SafeTools, with contracts in process for multiple CCA member carriers.
Smith Micro將很快宣佈一個歐洲運營商的推出，並預計將與一家美國MVNO簽署合同，部署他們的SafePath OS解決方案。
由於市場需求強勁，SafePath OS的部署加速，首批部署預計在2025年第一季度進行。
與競爭運營商協會建立了合作關係，品牌名稱爲SafeTools，目前正在爲多個CCA成員運營商簽訂合同。
Opportunities:
機會：
The company has discussed potential new customer opportunities including the imminent launch with a European carrier and an upcoming contract with a U.S.-based MVNO that would deploy the SafePath OS solution.
The Competitive Carrier Association agreement and strong sales pipeline offer significant growth possibilities, particularly in Europe where opportunities are largely untapped.
公司討論了潛在的新客戶機會，包括與一家歐洲運營商即將推出的合作和即將與一家美國虛擬移動網絡運營商簽訂的合同，該合同將部署SafePath OS解決方案。
競爭運營商協會的協議和強勁的銷售管道提供了顯著的增長可能性，特別是在歐洲，機會尚未開發。
Risks:
風險：
Significant decline in revenue, primarily due to the conclusion of the Verizon Family Safety Contract and the decrease in Sprint Safe and Found Family Safety revenue.
營業收入顯著下降，主要是由於Verizon家庭安全合同的結束和Sprint Safe與Found家庭安全收入的減少。
More details: Smith Micro Software IR
更多細節：Smith Micro Software 投資者關係
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：欲了解更全面的細節，請參閱IR網站。 文章僅供投資者參考，不構成任何指導或推薦建議。
譯文內容由第三人軟體翻譯。
