Socket Mobile reports Q2 EPS 10c) vs. (8c) last year
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 31 2025
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Q2 Revenue Decline: The company reported a Q2 revenue of $4.04 billion, down from $5.08 billion last year, citing weaker revenue trends and reduced distributor purchases due to tariff concerns.
Product Development and Cost Management: Despite challenges, the new XtremeScan products have received positive feedback, and the company has raised $1.5 million through financing while implementing cost-saving measures to navigate the current market conditions.
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About SCKT
Socket Mobile, Inc. is a provider of data capture and delivery solutions designed to enhance workplace productivity. The Company's primary products are cordless data capture devices incorporating barcode scanning or RFID/Near Field Communications (NFC) technologies that connect over Bluetooth. The Company's products work with applications running on smartphones, mobile computers and tablets using operating systems from Apple (iOS), Google (Android) and Microsoft (Windows). Its products are incorporated into mobile applications used in point of sale (POS), commercial services (field workers), asset tracking, manufacturing process and quality control, transportation and logistics (goods tracking and movement), event management (ticketing, entry, access control, and identification), medical and education. Its product categories include XtremeScan family, SocketCam family, DuraScan Family, SocketScan family, DuraSled Family, and Software Developer Kit.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Socket Mobile Launches SocketScan S721, Enhancing Scanning Performance at Lower Cost
- Product Launch: Socket Mobile has introduced the SocketScan S721, a next-generation Bluetooth barcode scanner designed for Square iOS applications and other leading mobile POS platforms, expected to replace the SocketScan S720 as the primary handheld scanner.
- Technology Upgrade: The S721 incorporates Bluetooth Low Energy technology, providing faster pairing and more reliable connections while extending battery life, ensuring stable scanning performance in busy retail and service environments.
- Enhanced Compatibility: This scanner is fully compatible with the latest version of Socket Mobile's CaptureSDK, supporting applications like Square Point of Sale, catering to various mobile data capture needs including retail, inventory management, and asset tracking.
- Preorder and Shipping: The SocketScan S721 is available for preorder on the Socket Mobile website and is expected to begin shipping at the end of January, with free worldwide shipping offered for all orders placed before February 28.
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Socket Mobile Launches New DuraScan Terminals Optimized for iPhone 16e
- Product Innovation: Socket Mobile's launch of the DuraScan terminal series, including the DT841 and DT862 optimized for the iPhone 16e, offers scanning ranges of up to 20 inches and 14 feet, addressing the needs of modern mobile workers in fast-paced environments and enhancing data capture efficiency and accuracy.
- Portability and Durability: The new terminals feature a lightweight design and rugged rubberized housing that withstands drops and daily wear, while supporting all-day battery performance, thereby increasing the flexibility and reliability of mobile professionals in their workflows.
- Compatibility and Integration: The DuraScan series is fully compatible with Socket Mobile's CaptureSDK, with over 1,000 business applications already supporting the SDK, streamlining the data capture process and fostering innovation in mobile data handling for enterprises.
- Market Positioning: This product launch reflects Socket Mobile's vision for the future of mobile data capture, aiming to meet customer demands for efficient data processing by providing lightweight and reliable tools, thereby enhancing the company's competitiveness in the rapidly evolving mobile solutions market.
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