Revenues UP, Costs DOWN, Operating Loss Reducing substantially and EPS improving substantially.
Product roll-out has just started. Volume roll-out due to start this quarter with sustained increasing volume in Q2. More devices being rolled-out by Sprint and T-Mobile which will include SMSI's software. T-Mobile has apprximately 33m subsribers and Sprint has around 56m - a total addressable market of 89m subscribers. All those T-Mobile subscribers with Smartphones and using the Hotspot functionality will be using SMSI QuickLink software.
Up Q4 2012 over Q4 2011 of 11.2 millionas well as Q3 is good. 7% growth is a good turn of events after falling so much. Sounds like carrier contracts are actually in the negotiations phase as well with numbers being thrown out and Smith Micro is could announce at any time now.
Re: Some Nuggets From Needham....
by be_accurate . 7 minutes ago . Permalink Go to topic
One more nugget....
"Continuing to move from field trials to commercial negotiations on SEVERAL fronts"
Not too far off of this from the q4 2010 call. Could Bill be full of it still. LOL!!!
"But clearly, we are excited about what we see happening with the mobile hotspot manager. We think we are going to see very broad adoption. We are very excited about it. We have a nice lineup of customers in the final stages"