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FREMONT, Calif. - Socket Mobile, Inc. (NASDAQ:SCKT), a small-cap technology company currently valued at $8.16 million, announced Wednesday the release of CaptureSDK 2.0, a software platform designed to support the company’s upcoming Bluetooth Low Energy (LE) barcode scanners while maintaining compatibility with existing devices. According to InvestingPro data, the company is currently trading below book value, suggesting potential undervaluation despite recent challenges.
The new software development kit enables application developers to integrate once and support both current and future Socket Mobile scanning hardware. According to the company, the platform offers improved connection speeds, faster application integration, and more reliable operation in challenging environments.
Socket Mobile also revealed plans to release its first next-generation scanner, the SocketScan S721, in the fourth quarter of 2025. The 1D/2D barcode scanner will retail for $199 and initially be available exclusively through Socket Mobile’s web store to select application partners.
"We have significantly improved the end user experience by delivering greater speed, reliability, and battery life while maintaining 100% compatibility for the hundreds of thousands of end users who depend on Socket Mobile scanners every day," said Eric Glaenzer, Chief Technology Officer at Socket Mobile, in a press release statement.
The company indicated that the Bluetooth LE technology offers extended battery life and that the lower-cost hardware options aim to make advanced data capture more accessible to a broader range of markets globally.
CaptureSDK 2.0 supports applications running on platforms such as Shopify and Square, among others, according to the announcement.
In other recent news, Socket Mobile Inc. announced its financial results for the second quarter of 2025, revealing a decline in both revenue and earnings per share (EPS). The company’s EPS was reported at -$0.10, while actual revenue reached $4 million. This marks a 20% decrease in revenue compared to the same period last year. These earnings and revenue figures fell short of market expectations. The company’s financial performance has raised concerns among investors about its future outlook. Despite the challenges, analysts continue to monitor Socket Mobile’s developments closely. No analyst upgrades or downgrades have been reported in conjunction with this earnings release. These recent developments are crucial for investors keeping an eye on Socket Mobile’s financial health.
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