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Smith Micro Software (SMSI) Q1 2021 Earnings Call Transcript

Operator Good day, and welcome to the Smith Micro Software s financial results for the first quarter of 2021. [Operator instructions] Please note this event is being recorded. I would now like to turn the conference over to Charles Messman, vice president of investor relations and corporate development. Please go ahead. Charles Messman Vice President of Investor Relations and Corporate development Thank you, operator, and good afternoon, everyone. We appreciate you joining us today as we discuss Smith Micro Software s financial results for the first quarter of 2021 ended March 31, 2021. By now, you should have received a copy of the press release with the financial results. If you do not have a copy and would like one, please visit the Investor Relations section of our website at www.smithmicro.com.On today s call, we have Bill Smith, chairman of the board, president, and chief executive officer of Smith Micro; and Tim Huffmyer, our chief financial officer.

United statesBill smithTim huffmyerCharles messmanLocation labsBoost mobileAvast family safety mobile software businessSmith micro softwareInvestor relationsSmith microFamily safety mobile businessChief executiveFamily safetyUnited kingdom basedSprint commsuiteBoost mobile commsuite

IBM kicks off new US tech results season

IBM kicks off new US tech results season UK corporate results are thin while in the US IBM kicks off the new results season on the tech side, with Netflix and Intel also reporting. It moves into full swing next week when most of the FAANG stocks are reporting. The week ahead In the UK, we anticipate the first quarter (Q1) trading update from Avast PLC (LON: AVS) on Tuesday while GB Group PLC (LON:GBG) is also expected to update the market on trading this week. Avast, which provides cybersecurity products, primarily to the consumer market. reports its Q1 trading update tomorrow. In its full-year results in March, it reporting adjusting billings growth for the year of 7.1%, down from 9.2% in the first half. Following the results, the company announced the sale of its Family Safety Mobile Business to Smith Micro for US$66mln plus a potential earnout. Additionally, Avast and Smith Micro have entered into a strategic partnership.

United kingdomGb groupBytes technologyLam researchFamily safety mobile businessSmith microஒன்றுபட்டது கிஂக்டம்க்ப் குழுபைட்டுகள் தொழில்நுட்பம்லாம் ஆராய்ச்சிகுடும்பம் பாதுகாப்பு கைபேசி வணிகஸ்மித் மைக்ரோ

Smith Micro Completes Acquisition of Family Safety Mobile Business from Avast – Consumer Electronics Net

7 hours ago PITTSBURGH–(BUSINESS WIRE)–Smith Micro Software, Inc. (“Smith Micro” or “ the Company”) (NASDAQ: SMSI) 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. “As the largest acquisition in company history, gaining the Avast Family Safety Mobile business clearly positions Smith Micro as a leading global provider of family safety software solutions to wireless carriers,” said William W. Smith, Jr., President and CEO of Smith Micro Software. “I’m excited to officially welcome the Avast employees to the Smith Micro family and look forward to the continued growth and profita

Williamw smith jrBuchanan ingersoll rooneyCharles messmanExchange commissionSmith micro software incSmith micro softwareB riley securities incFamily safety mobileSmith microAvast family safety mobileCurrent reportInvestor relationsRiley securitiesRoth capital partnersFamily safety mobile businessபுக்கனன் இஂகர்‌ஸோல் ரூனி

Smith Micro Announces Pricing of Follow-on Public Offering – Consumer Electronics Net

4 weeks ago PITTSBURGH–(BUSINESS WIRE)–Smith Micro Software, Inc. (the “Company” or “Smith Micro”) (NASDAQ: SMSI), a software development company that sells proven solutions to wireless carriers and cable MSOs, today announced the pricing of its follow-on underwritten public offering of 9,520,787 shares of its common stock at a price to the public of $6.85 per share. All shares are being sold in the offering by the Company. Smith Micro has granted the underwriter of the offering a 30-day option to purchase up to an additional 1,428,118 shares of its common stock to cover over-allotments at the public offering price less the underwriting discounts and commissions. The offering, excluding the option, will result in gross proceeds to the Company of approximately $65.2 million prior to underwriting discounts, commissions and other offering expenses. The offering is expected close on March 15, 2021, subject to customary closing conditions.

Charles messmanExchange commissionProspectus departmentSmith micro software incAvast family safety mobile software businessCompany or smith microBradley woods companySmith micro softwareSmith microFamily safety mobile software businessRoth capital partnersLake street capital marketsBenchmark companyBradley woodsFamily safety mobile businessபரிமாற்றம் தரகு

FTSE 100 perks up, helped by precious metals miners

FTSE 100 perks up, helped by precious metals miners
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