Socket Mobile Reports 2019 Full Year Revenue up 17% - Profitable Fourth Quarter and Year
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Socket Mobile (SCKT) Reports Q4 EPS of $0.01, Revenues Beat
February 12, 2020 4:23 PM ESTSocket Mobile (NASDAQ: SCKT) reported Q4 EPS of $0.01, versus ($0.03) reported last year. Revenue for the quarter came in at $4.6 million versus the consensus estimate of $4.19 million.
Kevin Mills, president and chief executive officer, commented, "2019 was the turnaround year we expected in which we returned to profitable growth. Our SocketScan barcode scanner products are well received and were the foundation of our growth. Our revenue grew year over year at 17 percent. We improved our gross margins and kept the... More
