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SOCKET MOBILE (SCKT)

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Earnings summaries and quarterly performance for SOCKET MOBILE.

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Socket Mobile Reports Q3 2025 Results
SCKT
Earnings
Demand Weakening
  • Socket Mobile reported Q3 2025 revenue of $3.1 million, reflecting a 20% decrease compared to the prior year's quarter and a 23% sequential decrease.
  • The company recorded an operating loss of $1.06 million for Q3 2025, compared to a $1.03 million loss in the prior year's quarter, and its cash balance decreased to $2.0 million as of September 30, 2025.
  • Management attributed the lower revenue to slower distributor bookings, reduced channel inventory, and delayed deployment deals due to cautious customer spending, while also noting the implementation of cost-saving measures.
Oct 22, 2025, 8:05 PM