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.
Socket Mobile, Inc. (NASDAQ: SCKT) reported a 31% revenue increase to $6.3 million for Q1 2022, compared to $4.8 million in Q1 2021. Gross margin fell to 49.7% from 53.5% due to rising component and freight costs. Operating income improved to $0.5 million from $0.2 million year-over-year, but declined from $0.7 million in Q4 2021. Diluted earnings per share rose to $0.04 compared to $0.03 last year. The company plans to strengthen its software development tools and adapt to evolving data capture needs.
Socket Mobile, Inc. (NASDAQ: SCKT) will release its 2022 first-quarter financial results on April 28, 2022, after market close. A conference call to discuss these results will take place at 5 p.m. ET (2 p.m. PT). Investors can access the call by dialing (866) 374-5140 (U.S.) or (404) 400-0571 (toll), with passcode 11783511. A transcript will be available on the company’s website a few days post-call. Socket Mobile specializes in data capture solutions, primarily serving markets like retail and manufacturing.
Socket Mobile (NASDAQ: SCKT) announced the shipment of its millionth scanner in Q1 2022, marking a significant milestone in the company's history. Having shipped over 100,000 scanners in 2021, the company credits its success to robust partnerships with application providers like Shopify and Block. As businesses increasingly rely on mobile applications, Socket Mobile continues to adapt, providing innovative data capture tools through products like DuraScan, SocketScan, and DuraSled. The company remains committed to enhancing workplace productivity through high-quality solutions.
Socket Mobile (NASDAQ: SCKT) announced that President and CEO Kevin Mills will present at the 2022 Virtual Growth Conference, hosted by Maxim Group LLC on March 28-30, from 9:00 a.m. to 5:00 p.m. EDT. This virtual event will feature a range of company presentations and live Q&A sessions, connecting investors with executives from various sectors including Technology and Healthcare. Interested attendees can register as M-Vest members to access the conference.
Socket Mobile (NASDAQ: SCKT) has announced that its CaptureSDK and all barcode scanners and NFC reader/writers are fully compatible with iOS 15 and iPadOS 15, including the recent updates 15.4. This compatibility ensures Apple device users can maximize their productivity using Socket's products, maintaining a strong track record of OS compatibility. The CaptureSDK allows seamless integration of Socket's data capture devices, enhancing efficiency for app developers and end-users alike.
Socket Mobile, Inc. (NASDAQ: SCKT) has launched CaptureSDK support for Flutter, expanding its data capture solutions. Flutter is an open-source framework by Google, popular among developers for multi-platform applications. CaptureSDK now supports iOS, Android, Windows, C#, React Native, Java, and JavaScript, enabling developers to maintain a single-codebase. The integration aims to simplify data capture for app providers, enhancing productivity and user experience. This strategic move is expected to bolster Socket Mobile's partnerships with app developers.
Socket Mobile, Inc. (SCKT) announced its financial results for Q4 and the full year of 2021. Q4 revenue grew 31% year-over-year to $6.1 million, while full-year revenue increased 48% to $23.2 million. Despite a strong revenue performance, Q4 gross margin decreased to 52.1%. Operating income for Q4 was $0.7 million, down from $1.0 million in Q3. The company reported diluted earnings per share of $0.11, down from $0.22 a year prior. The cash balance improved to $6.1 million at year-end. The Board approved a $1.8 million share repurchase program, expiring in March 2023.
Socket Mobile has launched the SocketCam C820, a free software-based barcode scanner that turns mobile devices into high-performance scanners. This innovation enhances accessibility to Socket's CaptureSDK, which previously required a physical scanner. The C820 supports diverse user needs, from low-volume to high-performance data capture, facilitating broader market reach. A preview version for developers is available, with plans for an advanced model, the C860, later in the year.
Socket Mobile, Inc. (NASDAQ: SCKT) has announced the release date for its 2021 fourth quarter and annual financial results, scheduled for February 16, 2022, after market close. The company will host a conference call at 5 p.m. ET to discuss these results. Interested parties can access the call via dial-in or through a live audio webcast, with details provided on their website. Socket Mobile specializes in data capture solutions, primarily via mobile applications for various sectors including retail and transportation.
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