Socket Mobile Reports First Quarter 2022 Results
Operating income was $0.5 million compared to an operating income of $0.2 million for the prior-year quarter, and $0.7 million in the preceding quarter.
- Operating income was $0.5 million compared to an operating income of $0.2 million for the prior-year quarter, and $0.7 million in the preceding quarter.
- Diluted earnings per share was $0.04 compared to $0.03 for the prior-year quarter, and $0.11 in the preceding quarter.
- Socket Mobile's revenue is primarily driven by the deployment of third-party barcode-enabled mobile applications that integrate Socket Mobile's cordless barcode scanners and contactless readers/writers.
- Socket Mobile has a network of thousands of developers who use its software developer tools to add sophisticated data capture to their mobile applications.