Forum: Poser - OFFICIAL


Subject: OT? – SmithMicro stock drops 22% today.

Nance opened this issue on May 06, 2011 · 18 posts


CyberDream posted Fri, 06 May 2011 at 8:42 AM

It would seem that Poser is such a small portion of their business, they don't even bother mentioning it in their own description (taken from the company 10Q filed yesterday)

Smith Micro Software, Inc. (“we,” “us,” “our,” “Smith Micro,” or the “Company”) designs, develops and markets software products and services primarily for the mobile computing and communications industries. The Company is focused on developing connectivity, communications and content management solutions for a converging world of wireless and wired networks.

Obviously a profit would have been better than a loss, but there was gross revenue of about $17,000,000 during the quarter.