SMSI

In the past six months (April-October 2026), SMSI experienced a one-for-five reverse stock split effective June 5, 2026. On June 12, 2026, the stock plunged 36.8% in its largest daily move, accompanied by elevated trading volume. On August 13, 2026, the company reported Q2 2026 financial results, missing Wall Street expectations for adjusted loss per share and revenue, causing shares to slip 4.93%, despite reporting sequential revenue growth and improved gross margin. On September 18, 2026, founder Bill Smith returned as President and CEO. The company announced an expanded multi-year agreement with a U.S. Tier 1 Mobile Operator on September 24, 2026, the first global partner launch of its SafePath Connect™ Family Safety Solution on September 22, 2026, and a new Senior Phone Experience with Consumer Cellular on September 2, 2026. SMSI also received a Nasdaq notice regarding non-compliance with the minimum bid price requirement. Overall, the stock saw a 1-year change of -31.2% and a 1-month change of -7% as of October 2, 2026.