Recap: Socket Mobile Q4 Earnings

Recap: Socket Mobile Q4 Earnings

 

Socket Mobile SCKT reported its Q4 earnings results on Wednesday, February 16, 2022 at 04:01 PM.

Here's what investors need to know about the announcement.

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Earnings

Socket Mobile beat estimated earnings by 57.14%, reporting an EPS of $0.11 versus an estimate of $0.07.

Revenue was up $1.46 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.01, which was followed by a 24.61% drop in the share price the next day.

Here's a look at Socket Mobile's past performance:

 

Quarter Q3 2021 Q2 2021 Q1 2021 Q4 2020
EPS Estimate 0.06 0.03    
EPS Actual 0.07 0.27 0.03 0.08
Revenue Estimate 5.75M 4.07M 4.19M 4.19M
Revenue Actual 6.32M 5.95M 4.81M 4.66M

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BZI-RecapsEarningsNews