ghosty12 opened this issue on Oct 28, 2015 ยท 502 posts
Razor42 posted Sat, 31 October 2015 at 10:53 PM
Oh and one more thing while we're on the topic of Smith Micro here in the DAZ Studio forum.
Congrats to Smith Micro on the 3rd quarter financial report for 2015 (Reported yesterday) losing only 750k in the last three months much better than the 1.2 million they lost in the same quarter last year. And a significant improvement on the last 9 months as well, only losing slightly over 2 Million dollars in that period much better than the 12 Million lost in the previous year (2014)...
The shareholders only lost a few cents of their share price this quarter (5% of the value) rather than the 30 cents per share they lost last year (About 38% of the shares value) Well I guess there used to it by now considering the shares were worth $16+, 5 years ago now they are around .65 cents a share... What's that come to around 96% of the company's value lost in 5 years?