Smith Micro (SMSI -21.32%) remains in the tank after reporting late yesterday that its Q2 swung...

|About: Smith Micro Software, Inc. (SMSI)|By:, SA News Editor

Smith Micro (SMSI -21.32%) remains in the tank after reporting late yesterday that its Q2 swung to a loss on a sharp drop in revenue due to an inventory correction and weaker run-rate at Verizon. The company also lowers Q3 guidance, citing continued challenges to bring its technology in line with changing demand.