Socket Mobile, Inc. (NASDAQ:SCKT)

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Socket Mobile - Operating Leverage and Secular Tailwinds
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Socket Mobile, Inc. produces and sells mobile handheld computers and data collection products for the business mobility market. The company offers products to run mobile applications that enable the accessing, collection, and processing of data by using Bluetooth and wireless local area network (LAN) connection technologies. Its product line includes a family of handheld computer products for business enterprise uses; wearable cordless ring scanners for industrial applications; and a range of data collection products, including two dimensional (2D) and linear (1D) bar code scanners, plug-in radio frequency identification reader/writer products, and plug-in magnetic stripe readers that work with the company’s handheld computers, as well as 2D and 1D cordless hand scanners, which work with third-party mobile handheld devices, such as smartphones, tablet computers, ultra-mobile personal computers, notebooks, and desktop systems. The company also offers wearable ring scanners, customized versions of its handheld computers, embedded wireless LAN cards, and Bluetooth modules as original equipment manufacturer products to third party companies; and provides extended warranty and accidental breakage coverage services for products, including handheld computers and barcode scanners. It markets its products through a network of distributors and resellers, as well as through OEMs and value added resellers in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company was formerly known as Socket Communications, Inc. and changed its name to Socket Mobile, Inc. in April 2008. Socket Mobile, Inc. was founded in 1992 and is headquartered in Newark, California.

Last updated April 30, 2013