Socket Mobile (NASDAQ:SCKT) reported its Q2 earnings results on Thursday, July 28, 2022 at 04:01 PM.
Here’s what investors need to know about the announcement.
Earnings
Socket Mobile missed estimated earnings by 87.5%, reporting an EPS of $0.01 versus an estimate of $0.08.
Revenue was up $93 thousand from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.01 which was followed by a 11.53% drop in the share price the next day.
Here’s a look at Socket Mobile’s past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.05 | 0.07 | 0.06 | 0.03 |
| EPS Actual | 0.04 | 0.11 | 0.07 | 0.27 |
| Revenue Estimate | 5.87M | 6.05M | 5.75M | 4.07M |
| Revenue Actual | 6.29M | 6.11M | 6.32M | 5.95M |
To track all earnings releases for Socket Mobile visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
