Socket Mobile (NASDAQ:SCKT) Posts Earnings Results

Socket Mobile (NASDAQ:SCKT) announced its quarterly earnings results on Thursday. The company reported ($1.43) EPS for the quarter, Zacks reports. Socket Mobile had a negative net margin of 18.48% and a negative return on equity of 17.40%.

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 Price Performance

Shares of SCKT stock opened at $1.15 on Friday. The company has a market cap of $9.18 million, a PE ratio of -3.03 and a beta of 1.50. Socket Mobile has a 1 year low of $0.82 and a 1 year high of $1.36. The stock’s 50 day simple moving average is $1.11 and its two-hundred day simple moving average is $1.08.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Socket Mobile in a research report on Monday, December 22nd. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company presently 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.