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

Socket Mobile

21/10/2021 22:01

* Socket Mobile Inc  SCKT.OQ  reported quarterly adjusted
earnings of 7 cents​​ per share for the quarter ended in
September. The lone analyst forecast for the quarter was
for earnings of 6 cents per share.
* Revenue was $6.32 million​;  analysts expected $5.75 million. 
* Socket Mobile Inc's reported EPS for the quarter was 7 cents​.
* The mean earnings estimate of analysts had risen by about 50%
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 22.2% this quarter and
gained 223.5% so far this year.
* The company reported quarterly net income of $644 thousand.
* Wall Street's median 12-month price target for Socket Mobile
Inc is $9.50 
* 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 October 21 at 09:00 p.m.
 ​All figures in US dollars unless otherwise stated