Socket Mobile Q2 revenue $6.0M (+119% YoY); operating income $814K vs loss a year ago

SOCKET MOBILE, INC.

2021-Q2 EPS reported $0.31 revenue$10,765,869

Revenue $6.0M, up 119% from $2.7M in Q2 2020 and 24% from Q1 2021.
Gross margin 55% vs 50% a year ago; operating income $814K vs loss of ($810K).
Net income $2.6M includes $1.9M tax benefit from disqualified ISO dispositions.
Company cites retail app deployments as key driver; facing supply chain constraints.
Cash balance and credit lines support investment in new products.

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