Socket Mobile (NASDAQ: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.
