Socket Mobile Inc reports results for the quarter ended in December - Earnings Summary

Socket Mobile

16/02/2022 22:01

* Socket Mobile Inc  SCKT.OQ  reported quarterly adjusted
earnings
of 11 cents​​ per share for the quarter ended in December. The
lone analyst forecast for the quarter was for earnings of 7
cents per share.
    * Revenue was $6.11 million​;  analysts expected $6.05
million. 
    * Socket Mobile Inc's reported EPS for the quarter was 11
cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Socket Mobile Inc shares had risen by 13.7% this quarter.
    * The company reported quarterly net income of $993
thousand.
    * Wall Street's median 12-month price target for Socket
Mobile Inc
is $10.50 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 1 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 

This summary was machine generated February 16 at 10:00 p.m.
 ​All figures in US dollars unless otherwise stated