Socket Mobile Q1 2024 GAAP EPS $(0.07) Misses $(0.01) Estimate, Sales $4.978M Beat $4.440M Estimate

Socket Mobile (NASDAQ:SCKT) reported quarterly losses of $(0.07) per share which missed the analyst consensus estimate of $(0.01) by 600 percent. This is a 41.67 percent increase over losses of $(0.12) per share from the same period last year. The company reported quarterly sales of $4.978 million which beat the analyst consensus estimate of $4.440 million by 12.12 percent. This is a 15.45 percent increase over sales of $4.312 million the same period last year.