Socket Mobile, Inc. Provides Earnings Guidance for the First Quarter of 2021
February 24, 2021 at 05:00 pm EST
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Socket Mobile, Inc. expects 2021 first quarter to be challenging, but profitable, and expects to continue to strengthen the business in 2021, as the pandemic's impact is reduced and the restrictions, particularly in retail and hospitality, are lifted.
Socket Mobile, Inc. is a provider of data capture and delivery solutions designed to enhance workplace productivity. The Company's solutions are incorporated into mobile applications used in point of sale (POS), commercial services (field workers), asset tracking, manufacturing and quality control processes, transportation and logistics (goods tracking and movement), event management (ticketing, entry, access control, and identification), medical and education. The Company's primary products are cordless data capture devices incorporating barcode scanning or RFID/Near Field Communications (NFC) technologies that connect over Bluetooth. Its product categories include XtremeScan family, SocketCam family, DuraScan Family, SocketScan family, DuraSled Family, and Software Developer Kit (CaptureSDK). 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).