Socket Mobile Reports First Quarter 2024 Results [Yahoo! Finance]
Socket Mobile, Inc. (SCKT)
US:NASDAQ Investor Relations:
socketmobile.com/about-us/investor-relations
Company Research
Source: Yahoo! Finance
workplace productivity, today reported financial results that are determined in accordance with generally accepted accounting principles in the United States ("GAAP") for the three months ended March 31, 2024 First Quarter 2024 Financial Highlights: Revenue of $5.0 million , reflecting a 15% increase compared to $4.3 million for the prior year's quarter, and a 13% sequential increase compared to $4.4 million for the preceding quarter. Gross margin of 50.3% versus 48.1% in the prior year's quarter and 52.8% in the preceding quarter. Operating expenses remained unchanged at $3.0 million compared to the prior year's period and increased from $2.8 million in the preceding quarter. Operating loss amounted to $0.5 million , a decrease from $1.0 million in the prior year's quarter, and remained unchanged from the loss of $0.5 million in the preceding quarter. Cash balances on March 31, 2024 were approximately $2.8M , similar to those as of December 31, 2023 "Our first quarter r
Show less
Read more
Impact Snapshot
Event Time:
SCKT
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SCKT alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SCKT alerts
High impacting Socket Mobile, Inc. news events
Weekly update
A roundup of the hottest topics
SCKT
News
- Should Shareholders Have Second Thoughts About A Pay Rise For Socket Mobile, Inc.'s (NASDAQ:SCKT) CEO This Year? [Yahoo! Finance]Yahoo! Finance
- Socket Mobile First Quarter 2024 Earnings: US$0.075 loss per share (vs US$0.12 loss in 1Q 2023) [Yahoo! Finance]Yahoo! Finance
- Socket Mobile, Inc. (NASDAQ:SCKT) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Socket Mobile Reports First Quarter 2024 ResultsPR Newswire
- Socket Mobile Announces First Quarter 2024 Results Release Date and Conference CallPR Newswire
SCKT
Sec Filings
- 5/14/24 - Form 4
- 5/14/24 - Form 10-Q
- 5/10/24 - Form 4
- SCKT's page on the SEC website