Smith Micro Software Inc. (NASDAQ: SMSI) announced Thursday that the company has offered a 2010 sales forecast that coincides with Wall Street expectations, according to Associated Press.
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The company, which makes software for mobile devices, said it expects revenue of $125 million to $135 million, which would be up 17 percent to 26 percent from last year's $107 million.
On average, analysts surveyed by Thomson Reuters forecast annual revenue of $129.4 million, with estimates ranging between $115 million and $139 million.
Shares of Smith Micro rose 5 cents to $8.45 in afternoon trading.
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