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Socket Mobile: Struggling Before And During Covid

Apr. 12, 2021 10:35 AM ETSocket Mobile, Inc. (SCKT)
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  • Socket has an interesting app first, asset light business model.
  • Its scanners appear widely used by small and large businesses alike.
  • Profitability has been sporadic and the company is struggling during COVID.
Warehouse worker checking cargo on shelves with scanner
Photo by alvarez/E+ via Getty Images

Company Overview

Socket Mobile (NASDAQ:SCKT) makes barcode scanners, contactless readers for credit cards, mobile phones, and other NFC devices, and the software development tools to support these devices.

Source: Company Website

The company positions its offering to small businesses and

This article was written by

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