SMRT earnings / call / takeaways

SMRT Q3 FY26 earnings call: key takeaways

What SMRT said on its earnings call of November 4, 2026: results against expectations, what changed since last quarter, guidance and the questions analysts pressed on.

By Lician·November 4, 2026·AI-generated from the call transcript and Lician data

SMRT reported a net loss of $3.9 million, with core revenue growing 24% year-over-year to $41 million (7:33)
The company raised fourth-quarter guidance, expecting revenue growth of 15% to 20% (13:42)

Results vs expectations

Metric	Consensus	Reported	Result
EPS	-$0.02	–	–
Revenue	$40.1M	–	–

What changed since last quarter

Fourth-quarter revenue guidance was raised to 15%-20% growth, up from previous expectations. (13:42)
The company expects core revenue growth of 20%-25% for the fourth quarter. (13:42)
SMRT reiterated its goal to reach 1 million deployed units by the first half of 2027. (16:22)

Guidance

Metric	This call	Previous call
Revenue	Fourth-quarter revenue growth of 15% to 20% year-over-year. (13:42)	not captured
Revenue	Core revenue growth of 20% to 25% for Q4. (13:42)	not captured
EBITDA	Adjusted EBITDA to increase 450% to 600% in Q4. (13:42)	not captured

What analysts pressed on

Concerns about the impact of attrition on software revenue and how it will be mitigated. (28:12)
Questions about the balance between margin expansion and continued investment in sales and technology. (17:14)
Uncertainty around the conversion of booked units into deployed units and the timing of that conversion. (15:49)

In their words

We believe our investments in sales, technology, and operations positions the company to convert that demand into revenue more efficiently. Daryl Stemm (4:22)

Read the full transcript with the AI summary, or listen on the company's official webcast.

Every past call in full and transcript search come with Lician Pro.

Written by AI from the automatic transcript of the company's public webcast and Lician's earnings data. Each sentence cites the passage it comes from, and a sentence with a figure that is not in its sources was removed. Not investment advice.