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.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Socket Mobile's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Socket Mobile's position in the market.
Rhea-AI Summary
Socket Mobile introduces SocketCam C860 camera scanning support for Flutter developers, enhancing data capture capabilities. The new advanced camera scanning technology offers improved barcode reading in all conditions, catering to a wide range of user needs. SocketCam C860's software decoding technology sets it apart in the industry, providing fast and accurate barcode scanning, even in poor lighting. The integration of CaptureSDK with SocketCam simplifies the development process for app providers, allowing seamless transition from free camera scanning to advanced software scanning and dedicated hardware scanners.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.83%
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Rhea-AI Summary
Socket Mobile, Inc. announces the addition of SocketCam C860 camera scanning support for React Native developers, enhancing data capture capabilities. The new advanced camera scanning solution, SocketCam C860, offers improved scanning performance, especially in challenging conditions, setting it apart from the competition. Developers can seamlessly integrate the new technology into their applications, providing users with a smooth transition from free scanning to enhanced software scanning to dedicated hardware scanners.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.77%
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Rhea-AI Summary
Socket Mobile, Inc. (SCKT) reports financial results for Q4 2023 and full-year 2023, showing a 15% decrease in Q4 revenue but a sequential increase, with a 20% year-over-year revenue decline for the full year. Despite operating losses, the company introduces new products like SocketCam and XtremeScan to drive growth.
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News
Rhea-AI Summary
Socket Mobile, Inc. (SCKT) will announce its Q4 and full year 2023 financial results on March 5, 2024. The conference call will discuss these results and begin at 5 p.m. ET.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.67%
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Rhea-AI Summary
Socket Mobile, Inc. (SCKT) has announced the launch of the DuraSled™ Barcode Scanners for the iPhone® 15, offering enhanced workplace productivity. The DuraSled models provide 1D/2D barcode scanning capabilities in a handheld sled case for iPhones, now compatible with the iPhone 15, making them more versatile. The product will be available in February with a starting MSRP of $299.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.72%
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Rhea-AI Summary
Socket Mobile, Inc. (SCKT) announces comprehensive recycling and trade-in program
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Rhea-AI Summary
Socket Mobile, Inc. (NASDAQ: SCKT) announces the Apple VAS Certification of its SocketScan S550 NFC Mobile Wallet Reader. The S550 is designed to facilitate seamless tap-and-go user experiences for Apple users utilizing mobile passes for loyalty, digital ID, event tickets, and more. It combines the latest 13.56 MHz contactless technology with Bluetooth Low Energy connectivity and is NFC Forum, Apple VAS, Google Pay, and CIPURSE certified. The S550 is the ideal reader for numerous applications, including loyalty programs, closed-loop payments, age verification via mobile driver's licenses, ticket verification systems, and more.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.87%
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Rhea-AI Summary
Socket Mobile, Inc. (NASDAQ: SCKT) introduces SocketCam C860, a subscription-based enhanced camera-based barcode scanner for Android, offering better scanning capabilities in challenging conditions and damaged barcodes, available for a monthly fee of $5.99.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.36%
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Rhea-AI Summary
Socket Mobile, Inc. (NASDAQ: SCKT) announces that its SocketScan S370 Universal NFC & QR Code Mobile Wallet Reader has achieved certification from the NFC Forum Certification Program. This certification ensures the device's interoperability and performance within the NFC environment, allowing it to read all NFC Forum-compliant tags. The S370 is a high-performance data capture platform that supports both 1D and 2D barcode scanning and NFC reading and writing, empowering business owners to accept various credential technologies with one device.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-11.59%
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Rhea-AI Summary
Socket Mobile reports Q3 2023 financial results, with a 14% decrease in revenue and a decline in gross margin. Operating expenses increased by 8.2%. Cash balance is $3.1 million. The company launched new products in Q3, including the XtremeScan product line and the C860 camera-based subscription solution.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.65%
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FAQ
What is the current stock price of Socket Mobile (SCKT)?
The current stock price of Socket Mobile (SCKT) is $1.03 as of April 3, 2025.
What is the market cap of Socket Mobile (SCKT)?
The market cap of Socket Mobile (SCKT) is approximately 8.2M.
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