Socket Mobile (SCKT) Reports Q1 EPS of $0.07
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Socket Mobile Reports 39 Percent YoY Growth in Cordless Scanning Revenue for Q1 Total Revenue up 11 Percent; Profitable First Quarter
April 27, 2017 4:01 PM EDTNEWARK, Calif., April 27, 2017 /PRNewswire/ --Â Socket Mobile, Inc. (NASDAQ: SCKT), a leading innovator of data capture and delivery solutions for enhanced productivity, today reported profitable operating results and record cordless scanning revenue for the first quarter ended March 31, 2017.
Revenue for the first quarter of 2017 was $5.6 million, an 11 percent increase compared to revenue of $5.0 million for the same quarter a year ago. Cordless barcode scanning revenue for the first quarter of 2017 was $5.5 million, a 39 percent increase year over year, and comprised 99% of total first quarter revenue, compared to barcode... More
