Socket Mobile (SCKT) Reports Q3 EPS of $0.06

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Socket Mobile Reports Third Quarter Results

October 22, 2020 4:01 PM EDT

NEWARK, Calif., Oct. 22, 2020 /PRNewswire/ -- Socket Mobile, Inc. (NASDAQ: SCKT), a leading innovator of data capture and delivery solutions for enhanced productivity, today reported third quarter 2020 results.

Socket Mobile and its auditors did not complete the annual review process related to goodwill impairment, which is part of the quarter-end closing procedures, in time to include in this release. The review takes longer than usual due to uncertainties and complications associated with the impact of the COVID-19 pandemic. The results that are being released today assume there is no goodwill... More