Socket Mobile Inc expected to post a loss of 7 cents a share - Earnings Preview

Socket Mobile

25/10/2023 21:03

* Socket Mobile Inc  SCKT.OQ   SCKT.O  is expected to show a
rise
in quarterly revenue when it reports  results 
    * The Fremont California-based  company is expected to
report  a
40.0% increase in revenue to $5.22 million from $3.73 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 7 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 $0.95. ​​​

This summary was machine generated October 25 at 20:03 GMT.  All
figures in US dollars  unless otherwise stated