Socket Mobile (SCKT) Reports Q3 EPS of $0.01

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Go back to Socket Mobile (SCKT) Reports Q3 EPS of $0.01

Socket Mobile Reports Profitable Growth for the Third Quarter and Nine Months ended September 30, 2019

October 24, 2019 4:01 PM EDT

NEWARK, Calif., Oct. 24, 2019 /PRNewswire/ -- Socket Mobile, Inc. (NASDAQ: SCKT), a leading innovator of data capture and delivery solutions for enhanced productivity, today reported financial results for its 2019 third quarter and nine months ended September 30, 2019.

Revenue for the third quarter of 2019 was $5.0 million, an increase of 20 percent compared to revenue of $4.1 million for the same quarter a year ago. Cordless barcode scanner revenue was $4.8 million for the third quarter of 2019, an increase of 17 percent over the same quarter a year ago. Net income for the third quarter of 2019 was... More