Socket Mobile (SCKT) Reports Q2 Loss of $0.02

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Socket Mobile reports results for the quarter and six months ended June 30, 2018

July 26, 2018 4:01 PM EDT

NEWARK, Calif., July 26, 2018 /PRNewswire/ -- Socket Mobile, Inc. (NASDAQ: SCKT), a leading innovator of data capture and delivery solutions for enhanced productivity, today reported financial results for the three and six months ended June 30, 2018.

Revenue for the second quarter of 2018 was $4.2 million, a decrease of 28 percent over revenue of $5.8 million for the same quarter a year ago and an increase of five percent sequentially from revenue of $4.0 million in the immediately preceding quarter.  Revenue for the six months ended June 30, 2018 was $8.2 million, a decrease of 28 percent compared to... More