Socket Mobile Inc (SCKT)
Sector • Technology Industry • Computer Hardware |
Industry • Computer Hardware |
Sector • Technology |
The Computer Hardware company reported rather influential deterioration in their top-line, in the fourth quarter of 2022
company delivered fourth quarter of 2022 operating loss of $-0.15158 millions
Published Apr 02 2023
Goran Soko / CSIMarket.com Contributer
![Sony_VGN-C90S_FeliCa_By_Qurren_(Qurren__file)_[CC-BY-SA-2.0_(http_creativecommons.org_licenses_by-sa_2.0)]_via_Wikimedia_Commons Sony_VGN-C90S_FeliCa_By_Qurren_(Qurren__file)_[CC-BY-SA-2.0_(http_creativecommons.org_licenses_by-sa_2.0)]_via_Wikimedia_Commons](../news/img/computer/Sony_VGN-C90S_FeliCa_By_Qurren_(Qurren__file)_[CC-BY-SA-2.0_(http_creativecommons.org_licenses_by-sa_2.0)]_via_Wikimedia_Commons.jpg)
Revenues declined widely by -15.427 % to $5.17 millions from $6.11 millions in the same financial reporting period a year prior and sequentially Revenues surged by 38.71 % from $3.73 millions.
Net earnings of $0.515 millions in the fiscal period closing December 31 2022 fell by -48.11 % from $0.993 millions in the corresponding period a year before.
Studying more the sales reports for the fiscal year 2022, company announced Revenues of $21.24 millions and earnings of $0.09 millions.
Computer Hardware company voiced as well, that Eps dropped by -97.92 % to $0.01 per share from $0.48 in the prior fiscal year , contributesRevenue deteriorated by -8.45 % from $23.20 millions a year prior.
Socket Mobile Inc is expected to report next financial results on May 15, 2023.