Socket Mobile (NASDAQ:SCKT) Announces Quarterly Earnings Results

Socket Mobile (NASDAQ:SCKT) issued its quarterly earnings data on Thursday. The company reported ($1.43) earnings per share (EPS) for the quarter, Zacks reports. Socket Mobile had a negative return on equity of 87.01% and a negative net margin of 95.36%.The firm had revenue of $3.96 million for the quarter.

Here are the key takeaways from Socket Mobile’s conference call:

• Company reported weak results with Q4 revenue of $4.0M (down 18% YoY but up 28% sequentially) and full-year revenue of $50M (declared down ~20% YoY), driving a larger FY net loss per share of $1.81.
• Liquidity appears constrained — year-end cash was $2.0M after $5.5M of capital expenditures and $1.4M of operating cash used, with only $1.5M raised via reissued subordinate convertible notes.
• Management took a one-time charge to establish a full valuation allowance of $10.7M against deferred tax assets under ASC 740 due to cumulative losses, removing those tax benefits going forward.
• Product and market progress — the company launched Capture SDK 2.0, several new scanners (S721, XtremeScan v16e, DuraScan models), and said XtremeScan was featured in Apple’s Connected Worker Series, which generated significant enterprise interest to pursue in 2026.
• Operational resilience — gross margins stayed near 50% and operating expenses fell ~10% YoY, with Q4 operating loss and adjusted EBITDA improving sequentially, suggesting cost discipline and a partial recovery in business activity.

Socket Mobile Stock Performance

Shares of SCKT opened at $1.01 on Friday. Socket Mobile has a fifty-two week low of $0.82 and a fifty-two week high of $1.36. The firm has a 50-day simple moving average of $1.11 and a 200-day simple moving average of $1.08. The company has a market capitalization of $8.06 million, a price-to-earnings ratio of -0.56 and a beta of 1.50.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Socket Mobile in a research note on Monday, December 22nd. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, Socket Mobile has an average rating of “Sell”.

About Socket Mobile

Socket Mobile, Inc (NASDAQ:SCKT) is a provider of mobile data capture and wireless connectivity solutions, designing products that enable smartphones, tablets and PCs to collect and transmit information in a variety of business environments. The company specializes in Bluetooth-enabled barcode scanners, RFID readers and image-based data capture devices that streamline point-of-sale, inventory management and field-service workflows.

Its product portfolio includes handheld scanners that support 1D and 2D barcodes, near-field communication (NFC) readers and ultra-compact mobile scanners engineered for retail, hospitality, healthcare, transportation and warehousing applications.