Socket Mobile (SCKT) Reports Q4 EPS of $0.01, Revenues Beat

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Socket Mobile Reports 2019 Full Year Revenue up 17% - Profitable Fourth Quarter and Year

February 12, 2020 4:01 PM EST

NEWARK, Calif., Feb. 12, 2020 /PRNewswire/ -- Socket Mobile, Inc. (NASDAQ: SCKT), a leading innovator of data capture and delivery solutions for enhanced productivity, today reported financial results for the fourth quarter and year ended December 31, 2019.

Revenue for 2019 was $19.3 million, an increase of 17 percent versus 2018 revenue of $16.5 million. Gross margins in 2019 were $10.1 million, or 52.5 percent of revenue, up from $8.5... More