Socket Mobile (NASDAQ:SCKT) Issues Quarterly Earnings Results

Socket Mobile (NASDAQ:SCKT) posted its quarterly earnings results on Wednesday. The company reported ($0.07) earnings per share for the quarter, Zacks reports. The company had revenue of $4.98 million for the quarter. Socket Mobile had a negative net margin of 11.27% and a negative return on equity of 10.02%.

Socket Mobile Trading Down 0.4 %

Shares of SCKT stock traded down $0.00 during trading hours on Thursday, reaching $1.08. The stock had a trading volume of 3,361 shares, compared to its average volume of 16,109. The stock’s fifty day simple moving average is $1.04 and its 200 day simple moving average is $1.10. Socket Mobile has a 12 month low of $0.90 and a 12 month high of $1.65. The firm has a market capitalization of $8.12 million, a PE ratio of -4.15 and a beta of 0.78.

Socket Mobile Company Profile

Socket Mobile, Inc provides data capture and delivery solutions in the United States, Europe, Asia, and internationally. The company's products are used in mobile applications in the areas of point of sale, commercial services, asset tracking, manufacturing process and quality control, transportation and logistics, event management, medical, and education.