Socket Mobile

Socket Mobile, Inc. is a mobile data capture company, which engages in the provision of data capture and delivery solutions for enhanced productivity in workforce mobilization. Its products are incorporated into mobile applications used in point of sale (POS), commercial services (field workers), asset tracking, manufacturing process and quality control, transportation and logistics (goods tracking and movement), event management (ticketing, entry, access control, and identification), medical and education. The company's primary products are cordless data capture devices incorporating barcode scanning or RFID/Near Field Communications (NFC) technologies that connect over Bluetooth. All products work with applications running on smartphones, mobile computers and tablets using operating systems from Apple (iOS), Google (Android), and Microsoft (Windows). It also offers an easy-to-use software developer kit (Capture SDK) to application developers, which enables them to provide their users with advanced barcode scanning and RFID/NFC features. The firm’s products are integrated in their application solutions and are marketed by the application developers or the resellers of their applications and number of registered developers for data capture applications continues to grow. The company was founded by Michael L. Gifford and Charlie Bass in March 1992 and is headquartered in Fremont, CA.

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Socket Mobile reports Q2 revenue decline but advances in innovation

Socket Mobile navigated a challenging economic environment in Q2 2024, focusing on promoting newer products and generating recurring revenue. Despite facing a net loss and cash outflows, the company made progress in innovation and product development. Leveraging opportunities in transportation markets and software subscriptions could drive future growth.

Socket Mobile reports revenue growth and product innovation in Q3

Socket Mobile's Q3 2024 performance showed revenue growth and reduced operating loss.
While facing challenges like EBITDA negativity, the company capitalized on opportunities.
By introducing new products and securing working capital, Socket Mobile is poised for growth.
The positive feedback on XtremeScan products indicates potential for market success.

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NEWARK, Calif., March 1, 2021 /PRNewswire/ -- Socket Mobile, Inc. (NASDAQ: SCKT), a leading provider of data capture and delivery solutions designed to enhance workplace productivity, is excited to announce it has licensed SpringCard SAS core contactless technology. SpringCard SAS is a...

Socket Mobile and SpringCard SAS announce licensing agreement to enable improved Contactless Customer Experiences

Socket Mobile (SCKT) stock is on the rise Thursday after posting a positive earnings report for the fourth quarter of 2020. The post SCKT Stock: 8 Things to Know About Socket Mobile as Shares Soar appeared first on InvestorPlace.

SCKT Stock: 8 Things to Know About Socket Mobile as Shares Soar

Socket Mobile, Inc. (SCKT) CEO Kevin Mills on Q4 2020 Results - Earnings Call Transcript

NEWARK, Calif., Feb. 24, 2021 /PRNewswire/ -- Socket Mobile, Inc. (NASDAQ: SCKT), a leading innovator of data capture and delivery solutions for enhanced workplace productivity, today reported financial results for the fourth quarter and year ended December 31, 2020. The 2020 fourth...

Socket Mobile Reports Fourth Quarter and Full Year 2020 Results

Socket Mobile stock was up by nearly 1,000% on Tuesday, propelled by the company's launch of its DuraSled barcode scanner for Apple's iPhone 12. The company said DuraSled is its first enterprise-grade barcode scanner for the iPhone 12, iPhone 12 Pro, iPhone 12 Pro Max and iPhone 12 Mini. The DuraSled will give users of iPhone 12 models access to "professional-grade" scans. Such work includes delivery services, stock counting and ticketing. Socket Mobile shares leapt to an intraday high of $35, a 980% bounce from their closing price of $3.24 on Friday, the last full day of trading before Monday's Presidents' Day holiday. Socket said the DuraSled scanner will allow employers to support workers with iPhone 12 phones along with supporting older iPhone series ranging from the iPhone 6 to iPhone 11. The DuraSled itself comes in three models.  Shares of Socket were on course Tuesday to rise by about 1,480% over the past 12 months.

Socket Mobile spikes 980% after announcing barcode scanner for all iPhone 12s

Socket Mobile (NASDAQ: SCKT) shares are trading higher Tuesday after the company announced the launch of its DuraSled barcode scanner for the iPhone 12. Socket Mobile Inc is a producer of data capture products.

Why Socket Mobile's Stock Is Surging Higher Today

Socket Mobile, Inc. (NASDAQ: SCKT) launched a premier enterprise-grade barcode scanner for Apple Inc's (NASDAQ:  AAPL ) iPhone 12, iPhone 12 Pro, iPhone 12 Pro Max, and iPhone 12 Mini known as DuraSled for professional-grade scanning solutions. The DuraSled combined the iPhone's flexibility with a powerful enterprise-grade scanner whose rugged case protected phones from drop damage offering a comprehensive charging solution.

Socket Mobile Launches Enterprise-Grade Scanners For iPhone 12 series, Shares Skyrocket

Socket Mobile debuted a new iPhone 12-compatible barcode and QR code device, poised to grab a slide of the industrial scanning market dominated by global firms. SCKT stock opened up more than 200% on Tuesday.

SCKT Stock: What to Know About Socket Mobile as Shares Rocket Today

Shares of Socket Mobile Inc. skyrocketed 205% on very heavy volume toward a more than 13-year high in premarket trading Tuesday, to pace all premarket gainers, after the mobile data capture company unveiled its new DuraSled offering, which is an enterprise-grade barcode scanner for Apple Inc.'s iPhone 12s. Trading volume swelled to 14.9 million shares, compared with the full-day average over the past 30 days of about 256,000 shares.

SocketMobile's stock rockets on heavy volume after unveiling DuraSled scanner for iPhone 12s

The stock price of Socket Mobile, Inc. (NASDAQ: SCKT) is trading at over 120% pre-market. This is why it happened.

SCKT Stock Price Increases Over 120% Pre-Market: Why It Happened

NEWARK, Calif., Feb. 16, 2021 /PRNewswire/ -- Socket Mobile, Inc. (NASDAQ: SCKT), a leading provider of data capture and delivery solutions designed to enhance workplace productivity, is excited to announce the arrival of the DuraSled™, the first enterprise-grade barcode scanner for the...

Socket Mobile launches first enterprise-grade scanners for Apple iPhone 12 series

Socket Mobile (SCKT) is in the news today after announcing approval for its SocketScan S550 card reader and writer sent SCKT stock soaring. The post Socket Mobile News: Why SCKT Stock Is Soaring 21% Today appeared first on InvestorPlace.

Socket Mobile News: Why SCKT Stock Is Soaring 21% Today

NEWARK, Calif., Nov. 18, 2020 /PRNewswire/ -- Socket Mobile, Inc. (NASDAQ: SCKT), a leading innovator of data capture and delivery solutions for enhanced productivity, announced today that the SocketScan S550 Contactless Membership Card Reader/Writer has passed the Google Wallet...

Socket Mobile's SocketScan S550 Contactless Reader Achieves Google Wallet Certification

NEWARK, Calif., Nov. 17, 2020 /PRNewswire/ -- Socket Mobile, Inc. (NASDAQ: SCKT), a leading innovator of data capture and delivery solutions for enhanced productivity, announced today that it has completed the annual goodwill impairment test required by generally accepted accounting...

Socket Mobile Takes Goodwill Impairment Charge in Q3 2020

NEWARK, Calif., Nov. 4, 2020 /PRNewswire/ -- Socket Mobile, Inc. (NASDAQ: SCKT), a key provider of data capture and delivery solutions designed to enhance workplace productivity, is excited to announce the arrival of a new line of scanning sleds: DuraSled™, tailored to offer optimal fit...

Socket Mobile Launches DuraSled for iPhone SE 2020

Socket Mobile (SCKT) news for Wednesday includes the company's SocketScan S550 device getting approval from Apple (AAPL) for use with Wallet. The post Socket Mobile News: SCKT Stock Flies 18% on SocketScan-Apple Pay Compatibility appeared first on InvestorPlace.

Socket Mobile News: SCKT Stock Flies 18% on SocketScan-Apple Pay Compatibility

NEWARK, Calif., Oct. 28, 2020 /PRNewswire/ -- Socket Mobile, Inc. (NASDAQ: SCKT), a leading innovator of data capture and delivery solutions for enhanced productivity, today announced that the SocketScan S550 Contactless Membership Card Reader/Writer has passed Apple Pay "VAS" (Value...

Socket Mobile's SocketScan S550 Contactless Reader achieves Apple Wallet compatibility

Socket Mobile stock is surging higher Friday thanks to an impressive Q3 report and some pandemic-fueled innovations. The post Why Socket Mobile Stock Is Surging 140% Higher Today appeared first on InvestorPlace.

Why Socket Mobile Stock Is Surging 140% Higher Today

Shares of Socket Mobile Inc. more than doubled (up 108%) on heavy volume to pace all premarket gainers Friday, after the maker of barcode scanners reported a more-than quadrupling in third-quarter profit, although the company warned that results weren't complete and subject to goodwill impairment. Trading volume ballooned to 5.8 million shares, enough to make the stock the most actively traded ahead of the open, and well above the full-day average of about 308,000 shares.

Socket Mobile's stock rockets on heavy volume after reporting a profit jump, but with an asterisk

Socket Mobile, Inc. (SCKT) CEO Kevin Mills on Q3 2020 Results - Earnings Call Transcript

NEWARK, Calif., Oct. 22, 2020 /PRNewswire/ -- Socket Mobile, Inc. (NASDAQ: SCKT), a leading innovator of data capture and delivery solutions for enhanced productivity, today reported third quarter 2020 results. Socket Mobile and its auditors did not complete the annual review process...

Socket Mobile Reports Third Quarter Results

NEWARK, Calif., Oct. 16, 2020 /PRNewswire/ -- Socket Mobile, Inc. (NASDAQ: SCKT), a leading innovator of data capture and delivery solutions for enhanced productivity, today announced that it will release its 2020 third quarter financial results at the close of the market on Thursday,...

Socket Mobile Announces 2020 Third Quarter Results Release Date and Conference Call

NEWARK, Calif., Sept. 1, 2020 /PRNewswire/ -- Socket Mobile, Inc.

Socket Mobile Strengthens Balance Sheet with a Secured Subordinated Convertible Note Financing of $1.5 Million

Socket Mobile's (SCKT) CEO Kevin Mills on Q2 2020 Results - Earnings Call Transcript

NEWARK, Calif., July 30, 2020 /PRNewswire/ -- Socket Mobile, Inc.

News for Socket Mobile Stock (SCKT)