Socket Mobile Inc   (SCKT)
Other Ticker:  
    Sector  Technology    Industry Computer Hardware
   Industry Computer Hardware
   Sector  Technology
Price: $1.1800 $0.00 0.000%
Day's High: $1.19 Week Perf: 3.51 %
Day's Low: $ 1.16 30 Day Perf: 5.36 %
Volume (M): 4 52 Wk High: $ 1.59
Volume (M$): $ 5 52 Wk Avg: $1.17
Open: $1.19 52 Wk Low: $0.90

 Market Capitalization (Millions $) 9
 Shares Outstanding (Millions) 7
 Employees -
 Revenues (TTM) (Millions $) 18
 Net Income (TTM) (Millions $) -1
 Cash Flow (TTM) (Millions $) 0
 Capital Exp. (TTM) (Millions $) 2

Socket Mobile Inc
Socket Mobile Inc. is a technology company that specializes in the design and manufacture of mobile data capture and delivery solutions. They develop and produce barcode scanners and portable data collection devices that help businesses streamline their operations and improve productivity. Socket Mobile's products are highly versatile and can be used in a wide range of industries including retail, healthcare, and transportation. The company is committed to providing innovative and reliable solutions that meet the evolving needs of their customers.

   Company Address: 40675 Encyclopedia Fremont 94538 CA
   Company Phone Number: 933-3000   Stock Exchange / Ticker: NASDAQ SCKT


Stock Performances by Major Competitors

5 Days Decrease / Increase
• View Complete Report

Socket Mobile Inc

Socket Mobile Inc. Shows Strong Improvement in Financial Performance despite Losses

Socket Mobile Inc (NASDAQ: SCKT) has demonstrated resilience and an ability to adapt to market demands, as evidenced by its recent financial performance. Despite reporting a net loss of $-0.07 per share for the January to March 31, 2024 fiscal time-frame, the company has shown significant improvements compared to the previous year's loss of $-0.12 per share. Furthermore, the EPS fell from $0.12 per share in the previous reporting season, indicating a dedication to improving profitability.
Although the net loss of $-0.557 million is still a cause for concern, it is important to note that this represents a considerable reduction from the $-0.993 million deficit reported in the same reporting season a year ago. Socket Mobile Inc has clearly made substantial progress in managing its expenses and working towards profitability.

Socket Mobile Inc

Socket Mobile Inc Faces Sharp Revenue Deterioration of -14.94%

Socket Mobile Inc, a technology company specializing in data capturing and delivery solutions, has experienced a decline in its stock price over the past month. The stock declined by -3.74% during the month of March, bringing the share price to -11.97% in the past 90 days. Additionally, the stock currently trades only 14.4% above its 52-week low.
Despite the decline in stock price, Socket Mobile Inc has shown positive performance in its fiscal period ending December 31, 2023. Earnings per share soared to $0.12 per share, despite a decrease in revenue of -14.94% to $4.40 million year-on-year. This positive EPS is a significant improvement from the previous fiscal period, where earnings per share were -$0.16. The company also experienced a 37.196% increase in revenue from $3.21 million to $17.03 million.

Products & Services

Socket Mobile Elevates Productivity: Unveils Upgrade Option to Enhanced Camera Barcode Scanner on Android.

Published Tue, Dec 12 2023 11:00 AM UTC

As the vanguard of data capturing and delivery solutions, Socket Mobile, Inc. (NASDAQ: SCKT), continues to pioneer advancement in the realm of workplace productivity. Based in FREMONT, Calif., the company has announced its latest development in the form of an upgrade from its free mobile application, SocketCam C820, to SocketCam C860 on Android devices. This strategic m...

Socket Mobile Inc

Socket Mobile Inc Defies the Odds with Resilience and Growth Potential Amid Challenging Sales Period

Despite a challenging third quarter earnings season, Socket Mobile Inc has shown signs of resilience and potential for future growth. The company reported a slight increase in its shortfall per share compared to the previous year, with a decline in revenue. However, it is important to consider the context and the factors contributing to these results.
Firstly, Socket Mobile Inc's net shortfall for the third quarter of 2023 increased to $-1.325 million from $-0.874 million a year ago. This could be attributed to various factors, including increased expenses or lower sales volumes. However, it is worth noting that the company's stockpiles have grown to $5.5 million, even though they remain below the previous year's level of $6.1 million. This indicates the company's ability to adapt and adjust its inventory levels to meet changing market demands.

Socket Mobile Inc

Socket Mobile Inc Reports Disheartening Revenue Drop in Q2 2023, Spells Trouble Ahead for the Tech Giant

In light of the latest financial data released by Socket Mobile Inc, it is evident that the company is facing a bearish outlook. The losses incurred by the company have extended to $0.06 per share, which is a substantial increase compared to the $0.01 per share loss reported in the previous year. Furthermore, the income per share has only slightly improved, from a loss of $0.12 per share to $0.06 per share.
The revenue generated by Socket Mobile Inc has retreated significantly by -15.363%, dropping to $5.12 million from $6.05 million in the corresponding reporting season a year ago. Although there was a sequential improvement of 18.668% from $4.31 million, this does not outweigh the notable decline in revenue from the previous year. This decline in revenue is a concerning sign for the company's financial health.


Socket Mobile Inc's Segments
• View Complete Report
  Company Estimates  
  Revenue Outlook
Socket Mobile Inc does not provide revenue guidance.

Earnings Outlook
Socket Mobile Inc does not provide earnings estimates.

Geographic Revenue Dispersion


About us


CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com