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Socket Mobile Stock Price, News & Analysis

SCKT Nasdaq

Welcome to our dedicated page for Socket Mobile news (Ticker: SCKT), a resource for investors and traders seeking the latest updates and insights on Socket Mobile stock.

Socket Mobile Inc (SCKT) delivers innovative data capture solutions powering mobile workflows across retail, healthcare, and logistics. This news hub provides investors and industry professionals with timely updates on corporate developments, product innovations, and market strategies.

Access official press releases and third-party analysis covering SCKT’s barcode scanning technologies, developer ecosystem partnerships, and operational milestones. Track announcements related to new product launches, strategic collaborations, and financial performance, all curated to support informed decision-making.

Discover how Socket Mobile’s solutions – including mobile POS systems and rugged industrial scanners – address evolving needs in supply chain management and digital payment processing. Content is regularly updated to reflect the company’s role in advancing workplace productivity through cutting-edge data capture tools.

Bookmark this page for streamlined access to SCKT’s latest developments, ensuring you stay informed about technological advancements and industry positioning without promotional bias.

Rhea-AI Summary

Socket Mobile reported its Q2 2022 financial results with a 2% revenue increase to $6.05 million year-over-year, but a 4% sequential decline from Q1 2022. The gross margin fell to 50.2%, impacted by higher component and shipping costs. Operating expenses rose 17% year-over-year to $2.8 million, leading to a decrease in operating income to $189,000. The company attributes challenges to supply chain issues affecting hardware availability but remains optimistic about future growth driven by innovative product launches like SocketScan S720 and S370.

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Socket Mobile, Inc. (NASDAQ: SCKT), a provider of data capture solutions, has appointed Laura Weinstein to its Board of Directors as of July 25, 2022. This appointment increases the board to eight members, with six being independent. Weinstein brings over 20 years of legal experience in high-growth technology firms, enhancing the board's capabilities in business strategy and regulatory compliance. The chairman, Charlie Bass, expressed confidence that her expertise will help drive growth and enhance shareholder value.

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Socket Mobile, Inc. (NASDAQ: SCKT) has announced it will release its 2022 second quarter financial results after market close on July 28, 2022. A conference call to discuss these results will be held at 5 p.m. ET (2 p.m. PT). Investors can access the conference via dial-in or a live webcast on Socket Mobile's website. The company specializes in data capture and delivery solutions, providing barcode scanners and mobile applications primarily serving retail, field service, transportation, and manufacturing markets.

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Socket Mobile, Inc. (NASDAQ: SCKT) has launched the SocketScan S720, a Bluetooth barcode scanner capable of reading both 1D and 2D barcodes. Designed for general-purpose scanning, the S720 enhances mobility and productivity, reducing manual data entry errors. With the growing usage of 2D barcodes, anticipated to become standard by 2027, this device offers businesses an efficient way to track inventory and consumer data. Priced at $249 and available in August 2022, the S720 aims to facilitate a seamless transition for existing users of the S700 model to incorporate 2D barcode functionality.

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Socket Mobile (NASDAQ: SCKT) announced that its SocketScan S550 has been named a finalist for the 2022 NFC Forum Innovation Awards. This mobile wallet reader combines 13.56 MHz contactless technology with Bluetooth LE integration, making it ideal for various applications such as loyalty programs, age verification, and ticket validation. The S550's certification from the NFC Forum ensures compatibility with billions of NFC tags. The awards ceremony will be held on June 22, 2022, recognizing outstanding NFC technology innovations.

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Socket Mobile, Inc. (NASDAQ: SCKT) will host a free webinar on June 29 at 11:00 a.m. PDT, focusing on app development using Xamarin and data capture integration with its CaptureSDK. Software Engineer Matt Robbins will guide attendees through app creation, leveraging Xamarin's features to enhance productivity. This webinar concludes a three-part series, showcasing Socket Mobile's commitment to providing development tools adaptable to various platforms. Participants can expect an interactive session with live Q&A, with recordings of previous webinars available on the company's website.

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Socket Mobile (NASDAQ: SCKT) has launched the SocketScan S370, a versatile mobile wallet reader designed to enhance workplace productivity with 1D/2D barcode scanning and NFC capabilities. This device supports both QR codes and NFC, catering to the growing demand for digital IDs and Mobile Driver's Licenses (mDLs). The S370 will start sampling to key app partners in July, with general availability from August 2022 at an MSRP of $369. This innovation aims to simplify data capture for businesses while meeting evolving market needs.

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Socket Mobile, Inc. (NASDAQ: SCKT) announced it will host a free webinar on June 8 at 11:00 a.m. PDT, focusing on app development using React Native and data capture through CaptureSDK. Software Engineer Matthew Croak will guide participants in creating applications with integrated data capture capabilities. This is part of a three-part series, with the first session completed on May 18, covering Flutter development. The company emphasizes its commitment to supporting various development platforms, showcasing its tools for enhancing workplace productivity.

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Socket Mobile, Inc. (NASDAQ: SCKT) is set to host a webinar on May 18 at 11:00 a.m. PDT, focusing on app development using Flutter and its CaptureSDK. The session, led by SDK Engineer Matthew Croak, will guide attendees on integrating data capture into applications. Flutter, backed by Google, is a prominent tool among developers for cross-platform applications. This webinar is the first of a three-part series aimed at enhancing developers' productivity with tools like CaptureSDK. Registration details are available on their website.

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Socket Mobile, Inc. (NASDAQ: SCKT) announced its S550 NFC reader/writer has achieved CR12 certification from the NFC Forum Certification Program, marking it as the first cordless NFC reader to do so. This certification ensures compatibility with billions of NFC tags, enhancing workplace productivity. The S550 supports various NFC interactions, including electronic age verification. Available now for $269, it facilitates easy integration into applications through Socket Mobile's CaptureSDK, which offers reliable data capture performance for enhanced consumer experiences.

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FAQ

What is the current stock price of Socket Mobile (SCKT)?

The current stock price of Socket Mobile (SCKT) is $1.1241 as of June 6, 2025.

What is the market cap of Socket Mobile (SCKT)?

The market cap of Socket Mobile (SCKT) is approximately 8.6M.
Socket Mobile

Nasdaq:SCKT

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8.59M
5.19M
35.25%
5.47%
0.06%
Computer Hardware
Electronic Computers
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United States
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