Socket Mobile Reports Results for the Third Quarter and Nine Months ended September 30, 2018

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Go back to Socket Mobile Reports Results for the Third Quarter and Nine Months ended September 30, 2018

Socket Mobile (SCKT) Misses Q3 EPS by 1c, Revenues Miss

October 25, 2018 4:53 PM EDT

Socket Mobile (NASDAQ: SCKT) reported Q3 EPS of ($0.01), $0.01 worse than the analyst estimate of $0.00. Revenue for the quarter came in at $4.14 million versus the consensus estimate of $4.19 million.

Kevin Mills, president and chief executive officer, commented, "Our Q3 results were impacted by our ongoing product transition, despite the extremely positive feedback we are receiving on our new SocketScan products. Most of our application... More