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0.0396039603960396 0.0396039603960396 0.0841584158415841 0.0841584158415841 0.123762376237624 0.138663366336634 0.0647524752475249 0.0907920792079209
Stock impact report

Socket Mobile Reports First Quarter Revenue Growth and Profitable Operating Results

Socket Mobile, Inc. (SCKT) 
Company Research Source: PR Newswire
NEWARK, Calif., April 24, 2019 /PRNewswire/ -- Socket Mobile, Inc. (NASDAQ: SCKT), a leading innovator of data capture and delivery solutions for enhanced productivity, today reported revenue growth and profitable operating results for the first quarter ended March 31, 2019. Revenue for the first quarter of 2019 was $4.6 million, a 16 percent increase compared to revenue of $4.0 million for the same quarter a year ago and an increase of 12 percent compared to the previous quarter's revenue of $4.1 million. Gross profit margins for both the first quarter of 2019 and 2018 were 51.8 percent. Gross profit margins were 50.3 percent in the immediately preceding quarter. Operating expenses for both the first quarter of 2019 and 2018 were $2.35 million. Operating expenses for the immediately preceding quarter were $2.2 million. Net income for the first quarter of 2019 was $12,000, or $0.00 per share, compared to a net loss of ($225,000), or ($0.03) per share, in the same quarter a year ago an Show less Read more
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