There was a lot to like in this week's earnings report and the CC. And unlike most releases in my stocks, really nothing to dislike. Surprisingly strong growth in scanner sales, strong margins, not the usual drop off in sales late in Q4, new products coming into production, etc.
But what seemed like a very nice surprise on top of that good news is that most of the large $1.6MM Somo order is still to come. I know that's not the important part of their business, but with such good sales and earnings in Q4 with only 20% of that Somo order hitting during the quarter, it means that a few more quarters may get that little kicker adding to sales and earnings. If scanner sales continue to grow at anything like the Q4 rate, this should be a great 2016.
Recent SCKT News
- Socket Mobile Announces CaptureSDK Support for iOS 18 • PR Newswire (US) • 09/24/2024 10:00:00 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/03/2024 06:24:42 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/28/2024 09:04:20 PM
- Form SC 13D - General Statement of Acquisition of Beneficial Ownership • Edgar (US Regulatory) • 08/27/2024 10:15:57 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/26/2024 09:25:05 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/26/2024 09:17:40 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/23/2024 06:16:26 PM
- Form SC 13D/A - General Statement of Acquisition of Beneficial Ownership: [Amend] • Edgar (US Regulatory) • 08/23/2024 04:58:36 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/22/2024 05:33:06 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/22/2024 05:26:51 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/22/2024 05:20:49 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/22/2024 02:33:40 PM
- Socket Mobile Strengthens Balance Sheet with a Secured Subordinated Convertible Note Financing of $1.0 Million • PR Newswire (US) • 08/22/2024 10:00:00 AM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 08/21/2024 04:56:56 PM
- Socket Mobile Launches SocketScan S320 Countertop QR Code Payment Reader • PR Newswire (US) • 08/21/2024 10:00:00 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/15/2024 08:20:25 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/14/2024 08:27:13 PM
- Socket Mobile Appoints Alexis Hartmann, Key SaaS Expert, to Board of Directors • PR Newswire (US) • 08/14/2024 08:15:00 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/13/2024 07:42:48 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/31/2024 08:15:37 PM
- Socket Mobile Reports Second Quarter 2024 Results • PR Newswire (US) • 07/31/2024 08:05:00 PM
- Socket Mobile Launches XtremeScan XG640, a Rugged BYOD Scanner for Transportation & Logistics • PR Newswire (US) • 07/29/2024 10:01:00 AM
- Socket Mobile Announces Second Quarter 2024 Results Release Date and Conference Call • PR Newswire (US) • 07/24/2024 01:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/19/2024 12:21:18 AM
FEATURED Cannabix Technologies and Omega Laboratories Inc. Advance Marijuana Breathalyzer Technology - Dr. Bruce Goldberger to Present at Society of Forensic Toxicologists Conference • Sep 24, 2024 8:50 AM
FEATURED Integrated Ventures, Inc Announces Strategic Partnership For GLP-1 (Semaglutide) Procurement Through MedWell USA, LLC. • Sep 24, 2024 8:45 AM
Avant Technologies Accelerates Creation of AI-Powered Platform to Revolutionize Patient Care • AVAI • Sep 24, 2024 8:00 AM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM