Yesterday, the EVP Engineering & CTO of Socket Mobile (SCKT), Leonard Ott, bought shares of SCKT for $513.
Following this transaction Leonard Ott’s holding in the company was increased by 34.31% to a total of $3,917.
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Based on Socket Mobile’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $5.06 million and quarterly net profit of $120K. In comparison, last year the company earned revenue of $4.19 million and had a GAAP net loss of $138.2K. Currently, Socket Mobile has an average volume of 40.66K.
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Socket Mobile, Inc. engages in the development and production of mobile systems solutions. It operates through the following geographical segments: United States; Europe; and Asia and rest of the World. The firm manufactures mobile devices such as smart phones, tablets, scanners and data collection peripherals. It also provides vertical software applications.
