Trending News

Blog Post


Why Socket Mobile Should be on Your Radar By StockNews 

© Reuters. Why Socket Mobile Should be on Your Radar

Leading innovator of data capture solutions Socket Mobile (SCKT) has generated triple-digit revenue growth in the second quarter of 2021, driven by positive momentum in the deployment of its business applications. In fact, with investors taking a stronger interest in its financial strength and innovative portfolio, we think the stock is poised to advance further. Let’s discuss.Socket Mobile, Inc. (SCKT) produces data capture products that are incorporated into mobile applications for use in business mobility markets in the United States and internationally. Its solid deployment of business data applications, particularly in the retail sector, and strong consumer demand for its application development tools, have enabled SCKT to generate triple-digit revenue growth in the second quarter of 2021.

In addition, its robust financial performance in the last reported quarter, despite supply chain constraints and inflationary pressure, has helped its stock gain 19.3% over the past month and 209.2% year-to-date.

SCKT’s recent announcement that its data capture hardware will support applications facilitating EU Digital COVID Certificates regarding COVID-19 vaccinations should be a boon for the stock in the near term.

Continue reading on StockNews

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Source link

Related posts

Leave a Reply

Required fields are marked *