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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, 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.
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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.
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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.
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Socket Mobile to release third quarter 2023 financial results
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Socket Mobile expands DuraScan Wear line to enable 2D barcode scanning
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Socket Mobile expands XtremeScan line to enable 2D barcode scanning on latest iPhones in industrial environments.
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Socket Mobile introduces the SocketCam C860, an enhanced camera-based barcode scanner for iOS, offering swift and accurate reading of damaged barcodes and improved scanning in poor lighting conditions. The C860 is available to end-users for a monthly subscription fee of $5.99. This strategic move allows Socket Mobile to diversify its revenue streams and transition from a hardware-based revenue model to one that includes recurring subscription revenue. The company expects the 10% of customers currently using dedicated hardware scanners to continue using their existing hardware. The introduction of the C860 is a transformative shift in Socket Mobile's business model and underscores their commitment to driving value for customers and shareholders.
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Socket Mobile announces CaptureSDK support for iOS 17
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Socket Mobile, Inc. launches the XtremeScan line of industrial barcode scanning solutions for iPhone 14 and 14 Pro. The XtremeScan family provides rugged and durable options for scanning in extreme work environments. The line includes the XtremeScan Case XC100, XtremeScan XS930, and XtremeScan Grip XG930. The XtremeScan series aims to bring the functionality of iPhones to industrial applications and expand Socket Mobile's market presence.
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Socket Mobile

Nasdaq:SCKT

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