Socket Mobile, Inc. reported earnings results for the fourth quarter ended December 31, 2022. For the fourth quarter, the company reported sales was USD 5.17 million compared to USD 6.11 million a year ago. Net income was USD 0.515 million compared to USD 0.993 million a year ago.

Basic earnings per share from continuing operations was USD 0.06 compared to USD 0.13 a year ago. Diluted earnings per share from continuing operations was USD 0.06 compared to USD 0.11 a year ago.