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Socket Mobile (SCKT) Q2 2026 Earnings Call Transcript
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-- $1.6 million as of June 30, 2026, compared with $1.7 million at the end of the previous quarter on March 31, 2026.
Industrial Scanning Revenue -- 10% of total second quarter revenue, as the company enters the industrial market through direct sales to enterprise customers.
-- 10% of total second quarter revenue, as the company enters the industrial market through direct sales to enterprise customers.
SUMMARY**Socket Mobile, Inc.** (SCKT +451.67%) reported a decline in second quarter revenue and margins, primarily attributed to weakness in its core retail scanning segment and resulting manufacturing underutilization.
Turning to the balance sheet, cash totaled $1.6 million as of June 30th, 2026, compared with the $1.7 million at March 31st, 2026.