Smith Micro Software Inc

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Smith Micro founder Bill Smith returns as president and CEO

Smith Micro Software said Friday that founder Bill Smith has returned as president and CEO, succeeding Tim Huffmyer, who resigned to pursue other opportunities. Smith founded the company in 1982 and led it until March 2026, after which he served as executive chairman. Huffmyer will remain on the board.

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Smith Micro Launches SafePath Connect with Orange Belgium

Smith Micro Software has announced the first commercial launch of its SafePath Connect family safety solution, debuting in Belgium through a partnership with Orange Belgium. This marks the company's first direct-to-consumer offering powered by its SafePath platform, available via the Apple App Store and Google Play Store. Under the partnership, Orange Belgium will offer SafePath Connect for free for 12 months with an Orange Mobile Child tariff plan, supported by a nationwide marketing campaign. Smith Micro CEO Tim Huffmyer highlighted the new partner-driven distribution model as a way to scale efficiently and reach consumers broadly, while Orange Belgium's Chief Consumer Officer Christophe Dujardin emphasized the importance of safe and balanced digital habits for families. Additional markets and partners are expected to follow this initial launch.

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Smith Micro and Consumer Cellular Launch Senior Phone Experience

Smith Micro Software and Consumer Cellular have launched a new connected-care solution for seniors, built on Smith Micro's SafePath OS for Senior Phone platform and delivered through Consumer Cellular's SpeakEasy brand. The solution, available on SpeakEasy Smart and Flip devices via the SpeakEasy Connect Care+ plan, includes a caregiver app for family members and features such as real-time location, safety areas, check-in, and SOS alerts. Consumer Cellular is the first provider to bring this platform to market, targeting adults aged 50 and older. Smith Micro CEO Tim Huffmyer highlighted the growing demand for senior-focused technology, while Consumer Cellular CEO Ed Evans emphasized the design philosophy of making products that work for people over 75. The launch represents a milestone for Smith Micro and an opportunity for operators to serve the senior market.

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Smith Micro guides Q3 2026 revenue of $5.0M-$5.4M as SafePath launches move into Q3

Smith Micro Software guided third quarter 2026 revenue of $5.0 million to $5.4 million and gross margin of 81% to 83%, as two new customer launches and a Tier 1 contract extension slipped from the second quarter into the third. The company reported second quarter revenue of $4.3 million, with family safety revenue of $3.5 million and CommSuite revenue of $826,000, and gross margin of 81.3%, the first time above 80% in five years. GAAP net loss was $2.7 million, or $0.52 per share, while non-GAAP net loss was $989,000, or $0.19 per share, and cash and cash equivalents stood at $2.8 million as of June 30, 2026. Management expects to announce the launch of two new customers by the end of this month and is within days of signing a significant multi-year contract extension with an existing Tier 1 customer, with revenue from that extension expected to begin in the third quarter. The company also announced the launch of SafePath Connect, a new distribution model aimed at expanding beyond traditional carrier channels, and completed a warrant inducement transaction in June 2026 that raised $1.6 million.

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