Socket Mobile (NASDAQ:SCKT) Releases Quarterly Earnings Results

Socket Mobile (NASDAQ:SCKT) released its 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 Price Performance

SCKT remained flat at $1.08 during trading hours on Thursday. The company had a trading volume of 2,431 shares, compared to its average volume of 16,107. The company’s 50-day moving average price is $1.04 and its 200-day moving average price is $1.10. Socket Mobile has a one year low of $0.90 and a one year high of $1.65. The firm has a market capitalization of $8.15 million, a price-to-earnings 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.