Socket Mobile (NASDAQ:SCKT) Issues Earnings Results

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

Socket Mobile Price Performance

Shares of SCKT stock traded down $0.00 during mid-day trading on Thursday, hitting $1.08. The stock had a trading volume of 3,361 shares, compared to its average volume of 16,109. Socket Mobile has a fifty-two week low of $0.90 and a fifty-two week high of $1.65. The company’s 50-day simple moving average is $1.04 and its 200-day simple moving average is $1.10. The firm has a market cap of $8.12 million, a PE ratio of -4.15 and a beta of 0.78.

About Socket Mobile

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.