Benzinga | Jul 30, 2020 04:06PM EDT

Socket Mobile Q2 EPS $(0.13) Down From $0.02 YoY, Sales $2.70M May Not Compare To $4.19M Estimate

Socket Mobile (NASDAQ:SCKT) reported quarterly losses of $(0.13) per share. This is a 750 percent decrease over earnings of $0.02 per share from the same period last year. The company reported quarterly sales of $2.70 million which missed the analyst consensus estimate of $4.19 million by 35.56 percent. This is a 46.64 percent decrease over sales of $5.06 million the same period last year.