secwatch.observer — SEC 8-K summary
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Issuer:     SOCKET MOBILE, INC. (SCKT)
CIK:        0000944075
Form:       8-K
Filed at:   2022-04-28T23:59:59+00:00
Accession:  0000944075-22-000026
Event type: earnings
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Socket Mobile Q1 revenue up 31% to $6.3M; EPS $0.04 vs $0.03 YoY
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- Revenue of $6.3M, up 31% YoY from $4.8M and 3% sequentially from $6.1M.
- Gross margin fell to 49.7% from 53.5% YoY due to higher component and freight costs.
- Operating income of $0.5M vs $0.2M in Q1 2021; diluted EPS $0.04 vs $0.03.
- New SocketCam C820 software-based barcode scanner launched; free to developers.
- Expects some margin recovery in Q2 by reducing discounts and shifting sales mix.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/944075/000094407522000026/0000944075-22-000026-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/944075/000094407522000026/form-8k0428.htm
  HTML page:      https://secwatch.observer/filing/0000944075-22-000026

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer