STOCK TITAN

Socket Mobile - SCKT STOCK NEWS

Welcome to our dedicated page for Socket Mobile news (Ticker: SCKT), a resource for investors and traders seeking the latest updates and insights on Socket Mobile stock.

Socket Mobile Inc (SCKT) delivers innovative data capture solutions powering mobile workflows across retail, healthcare, and logistics. This news hub provides investors and industry professionals with timely updates on corporate developments, product innovations, and market strategies.

Access official press releases and third-party analysis covering SCKT’s barcode scanning technologies, developer ecosystem partnerships, and operational milestones. Track announcements related to new product launches, strategic collaborations, and financial performance, all curated to support informed decision-making.

Discover how Socket Mobile’s solutions – including mobile POS systems and rugged industrial scanners – address evolving needs in supply chain management and digital payment processing. Content is regularly updated to reflect the company’s role in advancing workplace productivity through cutting-edge data capture tools.

Bookmark this page for streamlined access to SCKT’s latest developments, ensuring you stay informed about technological advancements and industry positioning without promotional bias.

Rhea-AI Summary

Socket Mobile (NASDAQ: SCKT) reported Q1 2025 financial results showing significant revenue decline. Revenue dropped 20% year-over-year to $4.0 million from $5.0 million, and decreased 18% sequentially from $4.8 million.

Key financial metrics include:

  • Gross margin of 50.4% vs 50.3% in prior year
  • Operating expenses of $2.9 million
  • Operating loss of $0.9 million vs $0.5 million loss year-over-year
  • Cash balance decreased to $1.7 million from $2.5 million in December 2024

The company began shipping new XtremeScan products, marking its entry into the industrial barcode market. Socket Mobile also launched the XtremeScan iXG and iXS Series, integrated with iPhone 16e, targeting the $27 billion mobile handheld computing market.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
-
Rhea-AI Summary

Socket Mobile (NASDAQ: SCKT) has scheduled the release of its first quarter 2025 financial results for Thursday, April 24, 2025, after market close. The company, a leading provider of data capture and delivery solutions, will host a conference call to discuss the quarterly results at 5 p.m. Eastern Time (2 p.m. Pacific Time) on the same day.

Interested parties can access the conference call either through the provided online link at https://join.broaddata.com/?id=socket-mobile-earnings-call or by dialing toll-free (800) 237-1091 from within the U.S., or (848) 488-9280 for toll calls.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.88%
Tags
conferences earnings
-
Rhea-AI Summary

Socket Mobile (NASDAQ: SCKT) has announced its entry into the $27 billion mobile handheld computing market with the launch of XtremeScan™ iXG and iXS Series, powered by iOS 18.3. The market is projected to reach $40 billion by 2034.

The new series includes two models: the compact iXS963 ($1,847) and the ergonomic pistol grip iXG963 ($1,947). Both devices feature a factory-new iPhone 16e integration, military-grade durability, and advanced scanning capabilities that can read 1D/2D barcodes from up to 46 feet away.

The devices are compatible with Socket Mobile's CaptureSDK and are designed for industrial environments, combining rugged performance with iOS functionality. The company expects these products to positively impact revenue by Q4.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.96%
Tags
none
Rhea-AI Summary

Socket Mobile (NASDAQ: SCKT) reported its Q4 and full-year 2024 financial results. Q4 revenue reached $4.8M, up 10% YoY and 25% QoQ, with a gross margin of 51.0%. The company posted a Q4 operating loss of $411K, improving from $476K loss year ago.

Full-year 2024 revenue increased 10.2% to $18.8M, with a gross margin of 50.4%. Annual operating loss improved to $2.5M from $3.1M in 2023. The company expanded its product lineup with new XtremeScan Mag devices and launched S320, their first countertop QR Code Payment Reader. Socket Mobile also introduced Alfred, an AI-powered developer support tool, and updated their CaptureSDK for iOS 18 compatibility.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.64%
Tags
-
Rhea-AI Summary

Socket Mobile (NASDAQ: SCKT) has announced compatibility of its industrial scanning solutions, XtremeScan and DuraSled families, with the new iPhone 16e. The integration enables robust data capture capabilities for industrial environments, including warehousing, logistics, and manufacturing sectors.

The XtremeScan line offers industrial-grade protection against water, dust, and drops, while DuraSled provides one-handed scanning functionality with protective sled case design. Both product families are fully compatible with Socket Mobile's CaptureSDK, allowing seamless integration with existing applications.

The iPhone 16e, featuring extended battery life and enhanced drop resistance, combined with Socket Mobile's scanning solutions, creates comprehensive data capture tools for demanding work environments. This compatibility enables businesses to leverage iOS platform benefits while ensuring durability and performance in industrial settings.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.44%
Tags
none
-
Rhea-AI Summary

Socket Mobile (NASDAQ: SCKT) has announced the expansion of its DuraScan product family with the new DuraScan D762, a high-performance 1D/2D barcode scanner specifically designed for logistics and manufacturing sectors. The D762 features a remarkable 14-foot read range, enabling efficient scanning of pallets, inventory, and packages from a safe distance.

The scanner is compatible with all mobile applications supporting Socket Mobile devices across iOS, Android, and other platforms. It integrates seamlessly with Socket Mobile's CaptureSDK, allowing existing applications to evaluate the device without additional development work. The D762 is currently available on Socket Mobile's website at an MSRP of $699 and will be distributed through partners in March.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.94%
Tags
none
Rhea-AI Summary

Socket Mobile (NASDAQ: SCKT), a data capture and delivery solutions provider, has announced it will release its Q4 and full year 2024 financial results after market close on Tuesday, February 25, 2025. The company will host a conference call to discuss the results starting at 5 p.m. Eastern Time (2 p.m. Pacific Time) on the same day.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.05%
Tags
conferences earnings
-
Rhea-AI Summary

Socket Mobile (NASDAQ: SCKT) has released an update to its React Native CaptureSDK, supporting version 0.75.4 and enabling customizable SocketCam viewfinder integration for iOS and Android applications. The update includes both C820 (free version) and C860 (advanced version) for barcode scanning capabilities.

The enhancement allows developers to implement either full-screen scanning or a custom, compact viewfinder, providing greater flexibility in multi-function applications. The SDK is now publicly available on GitHub, offering developers easy access to integration tools. CaptureSDK with SocketCam provides a unified solution for various data capture requirements, with free integration for app developers and user-choice upgrades to premium features.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.69%
Tags
none
-
Rhea-AI Summary

Socket Mobile (NASDAQ: SCKT) has announced two major developments: a completely redesigned website and the launch of 'Alfred,' an AI-powered developer support tool. The new website features improved navigation and enhanced content accessibility. Alfred, integrated into the Developer Portal, provides 24/7 multilingual support for CaptureSDK developers, offering real-time guidance, troubleshooting, and cross-platform expertise.

The AI tool delivers faster problem resolution and reduced operational costs while supporting Socket Mobile's growing global developer community. CaptureSDK, which has been integrated into thousands of applications, enables efficient data capture in the physical world. Alfred enhances this by providing implementation guidance, code snippets, and real-time advice for integrating Socket Mobile's hardware and software solutions.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.21%
Tags
AI
Rhea-AI Summary

Socket Mobile (NASDAQ: SCKT) has announced the release of its CaptureSDK on GitHub, enhancing accessibility and collaboration opportunities for developers. The move allows easier access to integration tools, including SocketCam camera scanning software. CaptureSDK integration is free for app developers, providing a single solution for all Socket Mobile products. The platform offers real-time notifications for updates, ensuring compatibility with OS changes and new product releases. This initiative aims to support developers across various industries including retail, commercial services, and logistics.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.52%
Tags
none
Socket Mobile

Nasdaq:SCKT

SCKT Rankings

SCKT Stock Data

9.15M
5.27M
35.25%
5.47%
0.06%
Computer Hardware
Electronic Computers
Link
United States
FREMONT