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

Socket Mobile

22/07/2021 21:54

* Socket Mobile Inc  SCKT.OQ  reported quarterly adjusted
earnings of 27 cents​​ per share for the quarter ended in June.
The lone analyst forecast for the quarter was for earnings of 3
cents per share.
* Revenue was $5.95 million​;  analysts expected $4.07 million. 
* Socket Mobile Inc's reported EPS for the quarter was 27
cents​.
* In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
* Socket Mobile Inc shares had fallen by 2.8% this quarter and
gained 151.3% so far this year.
* The company reported quarterly net income of $2.63 million.
* Wall Street's median 12-month price target for Socket Mobile
Inc is $7.75 
* 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 July 22 at 08:54 p.m.  ​All
figures in US dollars unless otherwise stated