I was a bit disappointed with the $4.4M and 2 cents/share quarter. I was hoping for more just so the company could "break out" a bit and put itself on people's radar to watch. However, once I got past it (more my frustrations acting up and not the actual story), I had to admit that the scanner story is building and I just need to be patient and let it play out. "Sequential quarterly growth" is a pretty nice thing. The scanner revenue may still be clouded a bit by the Somo division's troubles, but it should move beyond it soon (even sooner if the Somo actually rebounded a bit). As those number of developers build, as tablet POS systems start to take over retail in the years to come, Socket should do well.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.