Smith Micro Software (NASDAQ: SMSI) 26.7% LOWER; reports Q3 adjusted EPS of $0.20, 1 cent better than the analyst estimate of $0.19.
Revenue for the quarter was $27.80 million, which compares to the estimate of $29.37 million. Lowers FY09 Guidance from $110 - $115 million to $105 - $110 million, versus $111.30 million consensus.