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

Data I/O

23/07/2024 22:09

* Data I/O Corp  DAIO.OQ   DAIO.O  is expected to show a
fall in
quarterly revenue when it reports  results on July 25 for the
period ending June 30 2024
    * The Redmond Washington-based  company is expected to
report a
14.7% decrease in revenue to $6.31 million from $7.4 million a
year ago, according to the mean estimate from 2 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Data I/O Corp is for a
loss
of 1 cent per share. 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 2 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell."  
    * 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
$6.50​, above​ its last closing price of $2.79. ​​​

This summary was machine generated July 23 at 21:09 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)