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Socket Mobile (NASDAQ:SCKT) reported its Q4 earnings results on Tuesday, March 5, 2024 at 04:00 PM.
Here's what investors need to know about the announcement.
Socket Mobile beat estimated earnings by 233.0%, reporting an EPS of $0.08 versus an estimate of $-0.06.
Revenue was down $771 thousand from the same period last year.
Last quarter the company missed on EPS by $0.09 which was followed by a 12.0% increase in the share price the next day.
Here's a look at Socket Mobile's past performance:
| Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.07 | -0.11 | -0.01 | -0.04 |
| EPS Actual | -0.16 | -0.06 | -0.12 | 0.06 |
| Revenue Estimate | 5.22M | 4.84M | 5.54M | 5.20M |
| Revenue Actual | 3.21M | 5.12M | 4.31M | 5.17M |
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.
Posted In: SCKT
