earnings
confidence high
sentiment negative
materiality 0.70
Socket Mobile Q3 revenue $3.1M, down 20% YoY; operating loss widens
SOCKET MOBILE, INC.
2025-Q3 EPS reported
-$0.38
revenue$11,114,501
- Revenue of $3.1M, down 20% YoY from $3.9M and 23% sequentially from $4.0M.
- Gross margin 47.7% vs 49.0% last year; operating loss $1,058,000 vs $1,031,000 loss prior year.
- Cash balance $2.0M at Sept 30, 2025, down from $2.6M at June 30, 2025.
- Operating expenses reduced 13% YoY to $2.5M due to cost-saving measures.