News Digest / Ticker: SCKT

Ticker: SCKT

03:08pm, Thursday, Aug 14, 2025

Socket Mobile Q2 revenue down 20%; cuts protect margins but losses widen, uses convertible notes

Snapshot - Socket Mobile, Inc. (OTCMKTS: SCKT) What's happening inside the company - Revenue softness: Q2 2025 revenue of $4,041,739, down 20% vs Q2 2024 ($5,081,398). - Cost control: R&D, sales & marketing, and G&A each fell ~11%-22% YoY in Q2 2025 due to cost-cutting initiatives. - Funding / li...

01:01pm, Thursday, May 08, 2025

Socket Mobile Reports Q1 2025 Results: Revenue Declines Amid Financial Challenges and Gains