Data I/O Corp expected to post earnings of 3  cents a share - Earnings Preview

Data I/O

25/10/2023 03:04

* Data I/O Corp  DAIO.OQ   DAIO.O  is expected to show a
fall in
quarterly revenue when it reports  results 
    * The Redmond Washington-based  company is expected to
report  a
6.9% decrease in revenue to $6.713 million from $7.21 million a
year ago, according to the mean estimate from 2 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Data I/O Corp is
for
earnings of 3 cents 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 average consensus recommendation for the it services &
consulting peer group is  "Buy".​
    * Wall Street's median 12-month price target for Data I/O
Corp is
$8.25​, above​ its last closing price of $3.55. ​​​

This summary was machine generated October 25 at 02:03 GMT.  All
figures in US dollars  unless otherwise stated