Socket Mobile

Socket Mobile, Inc. is a mobile data capture company, which engages in the provision of data capture and delivery solutions for enhanced productivity in workforce mobilization. Its products are incorporated into mobile applications used in point of sale (POS), commercial services (field workers), asset tracking, manufacturing process and quality control, transportation and logistics (goods tracking and movement), event management (ticketing, entry, access control, and identification), medical and education. The company's primary products are cordless data capture devices incorporating barcode scanning or RFID/Near Field Communications (NFC) technologies that connect over Bluetooth. All products work with applications running on smartphones, mobile computers and tablets using operating systems from Apple (iOS), Google (Android), and Microsoft (Windows). It also offers an easy-to-use software developer kit (Capture SDK) to application developers, which enables them to provide their users with advanced barcode scanning and RFID/NFC features. The firm’s products are integrated in their application solutions and are marketed by the application developers or the resellers of their applications and number of registered developers for data capture applications continues to grow. The company was founded by Michael L. Gifford and Charlie Bass in March 1992 and is headquartered in Fremont, CA.

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Socket Mobile reports Q2 revenue decline but advances in innovation

Socket Mobile navigated a challenging economic environment in Q2 2024, focusing on promoting newer products and generating recurring revenue. Despite facing a net loss and cash outflows, the company made progress in innovation and product development. Leveraging opportunities in transportation markets and software subscriptions could drive future growth.

Socket Mobile reports revenue growth and product innovation in Q3

Socket Mobile's Q3 2024 performance showed revenue growth and reduced operating loss.
While facing challenges like EBITDA negativity, the company capitalized on opportunities.
By introducing new products and securing working capital, Socket Mobile is poised for growth.
The positive feedback on XtremeScan products indicates potential for market success.

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NEWARK, Calif., Jan. 25, 2022 /PRNewswire/ -- Socket Mobile Inc., (NASDAQ: SCKT), a leading provider of mobile data capture solutions for business applications, is excited to announce that they will be holding a webinar on February 15 th, 2022 to explain mobile driver's licenses (mDLs), the ISO 18013 standard, and how their integration into retail POS apps can deliver benefits to both the consumer and merchant.

Socket Mobile Hosting Free mDL and ISO 18013 Educational Webinar with UL on February 15th

SCKT expects contactless products to generate meaningful revenue from 2022 onwards.

Socket Mobile: Management's Ability To Weather Supply Chain Disruption Is Unparalleled

Socket Mobile, Inc. (SCKT) CEO Kevin Mills on Q3 2021 Results - Earnings Call Transcript

NEWARK, Calif., Oct. 21, 2021 /PRNewswire/ -- Socket Mobile, Inc. (NASDAQ: SCKT), a leading innovator of data capture and delivery solutions for enhanced workplace productivity, today reported financial results that are determined in accordance with generally accepted accounting principles in the United States ("GAAP") for the three and nine months ended September 30, 2021.

Socket Mobile Reports Strong Third Quarter 2021 Results

NEWARK, Calif., Oct. 12, 2021 /PRNewswire/ -- Socket Mobile, Inc. (NASDAQ: SCKT), a leading innovator of data capture and delivery solutions for enhanced productivity, today announced that it will release its 2021 third quarter financial results at the close of the market on Thursday, October 21, 2021.

Socket Mobile Announces 2021 Third Quarter Results Release Date and Conference Call

NEWARK, Calif., Oct. 12, 2021 /PRNewswire/ -- Socket Mobile, Inc. (NASDAQ: SCKT), a leading provider of data capture and delivery solutions designed to enhance workplace productivity, is excited to announce that its NFC reader/writer has been selected by a new powerful blockchain application.

Socket Mobile NFC readers and blockchain make for powerful combination

The re-opening of the economy drove strong demand in the retail industry which resulted in SCKT increasing revenue 119% year over year.

Socket Mobile: An Amazing Economy Re-Opening Play

NEWARK, Calif., Aug. 3, 2021 /PRNewswire/ -- Socket Mobile, Inc. (NASDAQ: SCKT), a leading provider of data capture and delivery solutions designed to enhance workplace productivity, is excited to announce the release of an updated version of the SocketScan S740.

Socket Mobile Announces Upgrade for SocketScan S740 Universal Barcode Scanner

Socket Mobile (SCKT) stock is rocketing higher on Friday thanks to the company's earnings report for the second quarter of 2021. The post SCKT Stock: Why Socket Mobile Shares Are Rocketing Higher Today appeared first on InvestorPlace.

SCKT Stock: Why Socket Mobile Shares Are Rocketing Higher Today

The stock price of Socket Mobile Inc (NASDAQ: SCKT) increased by over 80% pre-market. This is why it happened.

SCKT Increases Over 80% Pre-Market: Why It Happened

Socket Mobile Inc (NASDAQ: SCKT) reported second-quarter FY21 revenue growth of 119% year-on-year to $5.95 million, beating the consensus of $4.07 million. Deployments of business applications in the retail industry drove the revenue.

Socket Mobile Stock Jumps After Q2 Earnings Beat

The stock price of Socket Mobile Inc (NASDAQ: SCKT) increased 78.45% after hours. This is why it happened.

SCKT Stock Increased 78.45% After Hours: Why It Happened

Socket Mobile, Inc. (SCKT) CEO Kevin Mills on Q2 2021 Results - Earnings Call Transcript

NEWARK, Calif., July 22, 2021 /PRNewswire/ -- Socket Mobile, Inc. (NASDAQ: SCKT), a leading innovator of data capture and delivery solutions for enhanced workplace productivity, today reported financial results that are determined in accordance with generally accepted accounting principles in the United States ("GAAP") for the three and six months ended June 30, 2021.

Socket Mobile Reports Solid Second Quarter Results

NEWARK, Calif., July 16, 2021 /PRNewswire/ -- Socket Mobile, Inc. (NASDAQ: SCKT), a leading innovator of data capture and delivery solutions for enhanced productivity, today announced that it will release its 2021 second quarter financial results at the close of the market on Thursday, July 22, 2021.

Socket Mobile Announces 2021 Second Quarter Results Release Date and Conference Call

SCKT is an asset light and highly leverageable business at a great price.

Socket Mobile: An Asset Light Undervalued Powerhouse

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NEWARK, Calif., June 2, 2021 /PRNewswire/ -- Socket Mobile, Inc. (NASDAQ: SCKT), a leading provider of data capture and delivery solutions designed to enhance workplace productivity, is excited to announce that its entire family of barcode scanners offer out-of-the-box support for applications designed to facilitate EU Digital COVID Certificates.

Socket Mobile Offers Built-In Compatibility with EU Digital COVID Certificates

NEWARK, Calif., May 18, 2021 /PRNewswire/ -- Socket Mobile, Inc. (NASDAQ: SCKT), a leading innovator of data capture and delivery solutions for enhanced workplace productivity, today announced that Dave Holmes has joined the executive management team as Chief Business Officer.

Dave Holmes Joins Socket Mobile As Chief Business Officer

Socket Mobile, Inc. (SCKT) CEO Kevin Mills on Q1 2021 Results - Earnings Call Transcript

NEWARK, Calif., April 22, 2021 /PRNewswire/ -- Socket Mobile, Inc. (NASDAQ: SCKT), a leading innovator of data capture and delivery solutions for enhanced workplace productivity, today reported financial results for the first quarter of 2021.

Socket Mobile Reports First Quarter Results

NEWARK, Calif., April 13, 2021 /PRNewswire/ -- Socket Mobile, Inc. (NASDAQ: SCKT), a leading innovator of data capture and delivery solutions for enhanced productivity, today announced that it will release its 2021 first quarter financial results at the close of the market on Thursday, April 22, 2021.

Socket Mobile Announces 2021 First Quarter Results Release Date and Conference Call

NEWARK, Calif., April 6, 2021 /PRNewswire/ -- Socket Mobile, Inc. (NASDAQ: SCKT), a leading provider of data capture and delivery solutions designed to enhance workplace productivity, is pleased to announce our new v1.50 firmware release for the D600 NFC reader.

Socket Mobile's New D600 NFC Reader Supports Transition from QR Codes to NFC Format

The stock price of Socket Mobile, Inc. (NASDAQ: SCKT) has increased by over 200% in the past month. This is why it happened.

SCKT Stock Price Increased Over 200% In The Past Month: Why It Happened

The stock price of Socket Mobile, Inc. (NASDAQ: SCKT) is trading at over 20% pre-market. This is why it happened.

News for Socket Mobile Stock (SCKT)