Last $1.73 USD
Change Today -0.01 / -0.57%
Volume 1.6K
SCKT On Other Exchanges
As of 8:10 PM 08/1/14 All times are local (Market data is delayed by at least 15 minutes).

socket mobile inc (SCKT) Snapshot

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52 Week High
06/2/14 - $1.91
52 Week Low
12/30/13 - $0.70
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socket mobile inc (SCKT) Details

Socket Mobile, Inc. produces mobile cordless barcode scanners and handheld computers for the business mobility markets in the United States. Its products include cordless barcode scanners, such as two dimensional (2D) and linear (1D) barcode scanners in both durable and colorful cases that connect over Bluetooth with smartphones, tablets, and mobile computers; wearable cordless ring scanners for hands free barcode scanning; and handheld computer accessories comprising plug-in 1D and 2D barcode scanners, cradles, radio frequency identification readers, and magnetic stripe readers. The company also provides extended warranty and accidental breakage coverage for selected products. It markets its products through a network of distributors, resellers, vertical industry partners, and original equipment manufacturers in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company was formerly known as Socket Communications, Inc. and changed its name to Socket Mobile, Inc. in April 2008. Socket Mobile, Inc. was founded in 1992 and is headquartered in Newark, California.

48 Employees
Last Reported Date: 03/31/14
Founded in 1992

socket mobile inc (SCKT) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $190.0K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $170.0K
Vice President of Worldwide Operations
Total Annual Compensation: $155.0K
Chief Technical Officer and Vice President of...
Total Annual Compensation: $155.0K
Vice President and Controller
Total Annual Compensation: $120.0K
Compensation as of Fiscal Year 2013.

socket mobile inc (SCKT) Key Developments

Socket Mobile, Inc. Reports Consolidated Unaudited Earnings Results for the Second Quarter and Six Months Ended June 30, 2014; Provides Earnings Guidance for 2014

Socket Mobile, Inc. reported consolidated unaudited earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported revenue of $4,391,000 compared with $4,435,000 for the same period last year. Net income was $93,000 or $0.02 basic and diluted per share compared with $43,000 or $0.01 basic and diluted per share for the same period last year. Net income EBITDA was $400,000 compared with $294,000 for the same period last year. For the six months, the company reported revenue of $8,186,000 compared with $8,700,000 for the same period last year. Net income was $21,000 or $0.00 basic and diluted per share compared with $118,000 or $0.02 basic and diluted per share for the same period last year. Net income EBITDA was $604,000 compared with $623,000 for the same period last year. The company will continue to tightly manage its expenses and remain committed to achieving sequential growth in revenues and profitability for 2014.

Socket Mobile, Inc. Unveils Smallest, Lightest 2D Attachable Barcode Scanner

Socket Mobile, Inc. announced its new model 8Qi 2D Cordless Hand Scanner (CHS). The new 8Qi can scan both 1D "liner" barcodes and 2D QR codes making the 8Qi an ideal choice in Mobile Point of Sale (mPOS) applications where 1D UPC Barcodes, 2D Mobile Coupons or Loyalty Cards need to be scanned. Approximately the same size as a credit card measuring less than one half inch (1.27cm) thick and weighing less than two ounces (48g), the CHS 8Qi is the smallest and lightest 2D barcode scanner available in the market now. It can be attached to most smartphones including the Apple iPhone(R), iPod touch(R) and Samsung(R) S4 devices in a "sled type" configuration solution. The 8Qi slips neatly into user pocket and fits comfortably in the palm of user's hand when attached to a smartphone. User can add a lanyard or belt clip for a wearable solution making the 8Qi accessible at any time. The CHS 8Qi (White- SKU# CX3344-1578) (Black- SKU# CX3343-1577) is the second model in the progression of the CHS Series 8 cordless barcode scanners which are attachable to most smartphones enabling one-handed professional barcode scanning. The 8Qi is also suited for Mobile Ticketing and high-end retail environments where 2D barcodes are gaining popularity for security and data capacity. The 8Qi will have a MSRP of $476 in the USA and will be available through Socket Mobile worldwide distribution partners at the end of third quarter of 2014.

Socket Mobile, Inc. to Report Q2, 2014 Results on Jul 24, 2014

Socket Mobile, Inc. announced that they will report Q2, 2014 results at 5:00 PM, Eastern Standard Time on Jul 24, 2014


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