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Technology / AI and automation

COMPANY RESULT: SMITH MICRO SOFTWARE INC

Smith Micro Software Inc has reported fourth quarter net profits down 54.0% at $0.5m on revenue up 0.2% at $4.9m; net losses for the year to December 31 were $1.5m against profits last time of $3.8m on revenue that rose 22.6% to $22.1m. Net earnings per share fell 55.6% to $0.04 in the quarter.

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CBR Staff Writer

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