Socket Mobile (SCKT) Reports Q1 EPS of $0.08
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Socket Mobile Reports Profitable 2016 First Quarter On Y/Y Revenue Growth Of 26 Percent
April 20, 2016 4:01 PM EDTNEWARK, Calif., April 20, 2016 /PRNewswire/ --Â Socket Mobile, Inc. (OTC: SCKT), a leading innovator of data capture and delivery solutions for enhanced productivity, today reported profitable operating results for the first quarter ended March 31, 2016.
Revenue for the first quarter of 2016 was $5.0 million, an increase of 26 percent compared to revenue of $4.0 million for the same quarter a year ago. Net income for the first quarter of 2016 was $548,000, or $0.10 per share, compared to a net loss of $72,000, or a loss of $0.01 per share, in the first quarter of 2015. Gross profit on revenue for the... More
