Socket Mobile GAAP EPS of -$0.07, revenue of $5M
Seeking Alpha News (Wed, 1-May 5:17 PM ET)
Socket Mobile Reports First Quarter 2024 Results
PRNewswire (Wed, 1-May 4:00 PM ET)
Socket Mobile Announces First Quarter 2024 Results Release Date and Conference Call
PRNewswire (Wed, 24-Apr 9:00 AM ET)
Socket Mobile Announces SocketCam Advanced Camera Scanning Support for .NET MAUI
PRNewswire (Mon, 22-Apr 6:00 AM ET)
Socket Mobile Announces SocketCam Advanced Camera Scanning Support for Flutter
PRNewswire (Tue, 16-Apr 6:00 AM ET)
Socket Mobile Announces SocketCam Advanced Camera Scanning Support for React Native
PRNewswire (Tue, 12-Mar 6:00 AM ET)
Socket Mobile Reports Fourth Quarter 2023 and Full Year Results
PRNewswire (Tue, 5-Mar 4:00 PM ET)
Socket Mobile Announces Fourth Quarter and Full Year 2023 Results Release Date and Conference Call
PRNewswire (Tue, 27-Feb 6:01 AM ET)
Socket Mobile Inc is a producer of data capture products. The company's products are integrated into mobile applications used in mobile point of sale (mPOS), commercial services (field workers), asset tracking, manufacturing process and quality control, transportation and logistics (goods tracking and movement), event management (ticketing, entry, access control, and identification), medical and education. The company offers barcode scanning products for both one-dimensional, including imager and laser, and two-dimensional barcode scanning in standard and durable cases. The company's geographical segments are the Americas, Europe, Asia Pacific, and Africa, out of which the majority of the revenue is generated from the United States.
Socket Mobile trades on the NASDAQ stock market under the symbol SCKT.
As of May 2, 2024, SCKT stock price was flat at $1.08 with 6,398 million shares trading.
SCKT has a market cap of $7.91 million. This is considered a Sub-Micro Cap stock.
Last quarter Socket Mobile reported $5 million in Revenue and -$.07 earnings per share. This beat revenue expectation by $538,000 and missed earnings estimates by -$.02.
In the last 3 years, SCKT stock traded as high as $14.70 and as low as $.90.
The top ETF exchange traded funds that SCKT belongs to (by Net Assets): VXF, DFAT.
SCKT has underperformed the market in the last year with a return of -34.6%, while the SPY ETF gained +24.6%. In the last 3 month period, SCKT fell short of the market, returning 0.0%, while SPY returned +2.5%. However, in the most recent 2 weeks SCKT has outperformed the stock market by returning +5.9%, while SPY returned +1.1%.
SCKT support price is $1.03 and resistance is $1.13 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SCKT stock will trade within this expected range on the day.