Data I/O Corp expected to post a loss of 1 cent a share - Earnings Preview

Data I/O

22/02/2023 02:29

* Data I/O Corp  DAIO.OQ   DAIO.O  is expected to show a
rise in
quarterly revenue when it reports  results on February 23. 
    * The Redmond Washington-based  company is expected to
report  a
8.1% increase in revenue to $6.873 million from $6.36 million a
year ago, according to the estimate from one analyst, based on
Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Data I/O Corp is
for a
loss of 1 cent per share. 
    * The one available analyst rating on the shares is "strong
buy".  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Data I/O
Corp is
$8.8​, above​ its last closing price of $4.09. ​​​

The company's guidance on October 27 2022 for the period ended
December 31 was for gross profit margin between 54% and 56%.
This summary was machine generated February 22 at 02:29 GMT. 
All figures in US dollars  unless otherwise stated