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Socket Mobile signals Q4 EBITDA neutrality goal while advancing industrial market expansion Oct. 22, 2025 6:24 PM ETSocket Mobile, Inc. (SCKT) StockAI-Generated Earnings Calls Insights Comments Earnings Call Insights: Socket Mobile, Inc. (SCKT) Q3 2025 Management View Kevin Mills, President and CEO, stated that "Our revenue for Q3 was $3.1 million, a decrease of 20% over Q3 2024." He highlighted that expenses were $2.5 million, 16% lower than the previous year, and operating loss was $1.1 million. Mills underscored Seeking Alpha's Disclaimer: The earnings call insights are compilations of earnings call transcripts and other content available on the Seeking Alpha website. The insights are generated by an AI tool and have not been curated or reviewed by editors. Due to inherent limitations in using AI-based tools, the accuracy, completeness, or timeliness of the earnings call insights cannot be guaranteed. Please see full earnings call transcripts here. The earnings call insights are intended for informational purposes only. Seeking Alpha does not take account of your objectives or your financial situation and does not offer any personalized investment advice. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Quick Insights Weaker-than-expected sales to distribution partners and delayed or canceled projects led to the 20% revenue decline in Q3. Management currently has no plans for further convertible debt or capital raises, relying on achieving Q4 EBITDA neutrality and available business pipeline. Socket Mobile is controlling expenses, investing in R&D and new markets (industrial and Apple-related), and targeting Q4 EBITDA neutrality despite current demand weakness. Recommended For You More Trending News
