Socket Mobile Q3 2022 Results: $0.12 loss per share (vs. $0.082 profit in Q3 2021)
Mobile socket (NASDAQ: SCKT) Third quarter 2022 results
Main financial results
- Revenue: $3.73 million (down 41% from Q3 2021).
- Net loss: $874,000 (down 249% from profit of $588,600 in Q3 2021).
- Loss of $0.12 per share (vs. profit of $0.082 in 3Q 2021).
All figures shown in the table above are for the 12 month period (TTM)
Shares of Socket Mobile are down 6.2% from a week ago.
Risk analysis
Before concluding, we discovered 2 warning signs for Socket Mobile which you should be aware of.
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