Socket Mobile Inc expected to post a loss of 5 cents a share - Earnings Preview

Socket Mobile

23/04/2024 12:54

* Socket Mobile Inc  SCKT.OQ   SCKT.O  is expected to show a
rise
in quarterly revenue when it reports  results on April 25
(estimated) for the period ending March 31 2024
    * The Fremont California-based  company is expected to
report a
3.0% increase in revenue to $4.44 million from $4.31 million a
year ago, according to the estimate from one analyst, based on
LSEG data.
    * ​LSEG's mean analyst estimate for Socket Mobile Inc is for
a
loss of 5 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 $1.25​, above​ its last closing price of $1.09. ​​​

This summary was machine generated April 23 at 11:54 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)