Socket Mobile: Q2 Earnings Insights

Socket Mobile SCKT reported its Q2 earnings results on Thursday, July 28, 2022 at 04:01 PM.

Here's what investors need to know about the announcement.

Socket Mobile missed estimated earnings by 87.5%, reporting an EPS of $0.01 versus an estimate of $0.08.

Revenue was up $93 thousand from the same period last year.

Last quarter the company missed on EPS by $0.01 which was followed by a 11.53% drop in the share price the next day.

Here's a look at Socket Mobile's past performance:

Quarter	Q1 2022	Q4 2021	Q3 2021	Q2 2021
EPS Estimate	0.05	0.07	0.06	0.03
EPS Actual	0.04	0.11	0.07	0.27
Revenue Estimate	5.87M	6.05M	5.75M	4.07M
Revenue Actual	6.29M	6.11M	6.32M	5.95M

To track all earnings releases for Socket Mobile visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings Calendar