Socket Mobile Inc expected to post a loss of 11 cents a share - Earnings Preview

Socket Mobile

24/07/2023 14:00

* Socket Mobile Inc  SCKT.OQ   SCKT.O  is expected to show a
fall
in quarterly revenue when it reports  results on July 26
(estimated). 
    * The Fremont California-based  company is expected to
report  a
19.9% decrease in revenue to $4.84 million from $6.05 million a
year ago, according to the estimate from one analyst, based on
Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Socket Mobile Inc
is for
a loss of 11 cents per share. 
    * The one available analyst rating on the shares is "buy".  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Socket
Mobile Inc
is $2​, above​ its last closing price of $1.50. ​​​

This summary was machine generated July 24 at 13:00 GMT.  All
figures in US dollars  unless otherwise stated