Socket Mobile Inc expected to post a loss of 6 cents a share - Earnings Preview

Socket Mobile

01/03/2024 22:14

* Socket Mobile Inc  SCKT.OQ   SCKT.O  is expected to show a
fall
in quarterly revenue when it reports  results on March 5 for the
period ending December 31 2023
    * The Fremont California-based  company is expected to
report a
5.0% decrease in revenue to $4.91 million from $5.17 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 6 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 $1.50​, above​ its last closing price of $1.07. ​​​

This summary was machine generated March 1 at 22:14 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)