Socket Mobile (SCKT) Reports In-Line Q1 EPS
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Socket Mobile Reports First Quarter Revenue Growth and Profitable Operating Results
April 24, 2019 4:01 PM EDTNEWARK, Calif., April 24, 2019 /PRNewswire/ -- Socket Mobile, Inc. (NASDAQ: SCKT), a leading innovator of data capture and delivery solutions for enhanced productivity, today reported revenue growth and profitable operating results for the first quarter ended March 31, 2019.
Revenue for the first quarter of 2019 was $4.6 million, a 16 percent increase compared to revenue of $4.0 million for the same quarter a year ago and an increase of 12 percent compared to the previous quarter's revenue of $4.1 million.
Gross profit margins for both the first quarter of 2019 and 2018 were 51.8 percent. Gross profit margins were 50.3... More
