Socket Mobile Reports 2018 Financial Results
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Socket Mobile (SCKT) Reports Q4 Loss of $0.03
February 13, 2019 4:03 PM ESTSocket Mobile (NASDAQ: SCKT) reported Q4 EPS of ($0.03), versus $0.00 reported last year. Revenue for the quarter came in at $4.1 million versus the consensus estimate of $4.19 million.
Comments from our Chief Executive Officer:
Kevin Mills, president and chief executive officer, commented, \"Our revenue and bottom line were impacted during 2018 by a combination of factors that are now behind us. We released new SocketScan barcode scanner products in April 2018, some four months behind the original schedule, which impacted sales throughout 2018 while customers evaluated the new products and reduced their purchases of the old. Our corporate... More
