Socket Mobile Reports 2018 Financial Results
Socket Mobile, Inc. (SCKT)
US:NASDAQ Investor Relations:
socketmobile.com/about-us/investor-relations
Company Research
Source: PR Newswire
NEWARK, Calif., Feb. 13, 2019 /PRNewswire/ -- Socket Mobile, Inc. (NASDAQ: SCKT), a leading innovator of data capture and delivery solutions for enhanced productivity, today reported financial results for the fourth quarter and year ended December 31, 2018. Full Year Results:Revenue for 2018 was $16.5 million, a decrease of 23 percent versus 2017 revenue of $21.3 million. Gross margins in 2018 were $8.5 million, or 51.4 percent of revenue, down from $11.4 million, or 53.5 percent of revenue in 2017. Operating expenses were $9.0 million in both years. Operating results in 2018 were a net loss before tax of $715,000 compared to net income before tax of $2.3 million in 2017. The Company's net loss in 2018 was $571,000 or $0.09 per share. 2017 included a one-time write down of deferred tax assets of $2.6 million resulting from the lowering of Federal effective tax rates at the end of 2017 that resulting in a net loss for 2017 of $1.4 million or $0.23 per share. EBITDA or earnings before
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- Socket Mobile, Inc. (NASDAQ:SCKT) Q4 2023 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Socket Mobile Full Year 2023 Earnings: US$0.027 loss per share (vs US$0.011 profit in FY 2022) [Yahoo! Finance]Yahoo! Finance
SCKT
Sec Filings
- 4/4/24 - Form 8-K
- 3/28/24 - Form DEF
- 3/25/24 - Form 10-K
- SCKT's page on the SEC website