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Socket Mobile skyrockets 30% on Q4 earnings jump

Feb. 25, 2021 11:53 AM ETSocket Mobile, Inc. (SCKT) StockSCKTBy: Manshi Mamtora, CFA
  • Socket Mobile (SCKT +28.5%) Q4 revenue was $4.7M, increases 2.6%.
  • Gross margin of 53.2% about flat from last year's 53.1%.
  • Operating expenses decreased 12.4% to $1.9M.
  • Net income was $1.6M, or EPS of $0.23 per basic compared to $0.01 from last year

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