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

Socket Mobile

28/04/2022 22:53

* Socket Mobile Inc  SCKT.OQ  reported quarterly adjusted
earnings
of 4 cents​​ per share for the quarter ended in March. The lone
analyst forecast for the quarter was for earnings of 5 cents per
share.
    * Revenue was $6.29 million​;  analysts expected $5.87
million. 
    * Socket Mobile Inc's reported EPS for the quarter was 4
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 4.5% this
quarter and
gained 2.7% so far this year.
    * The company reported quarterly net income of $342
thousand.
    * Wall Street's median 12-month price target for Socket
Mobile Inc
is $6.25 
    * 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 April 28 at 09:53 p.m.  ​All
figures in US dollars unless otherwise stated