Data I/O Corp reports results for the quarter ended in December - Earnings Summary
23/02/2024 03:03
* Data I/O Corp DAIO.OQ reported quarterly adjusted
earnings of
2 cents per share for the quarter ended in December, lower
than the same quarter last year, when the company reported EPS
of 6 cents. The mean expectation of two analysts for the
quarter was for breakeven results per share. Wall Street
expected results to range from -1 cents to 1 cents per share.
* Revenue fell 5.5% to $6.87 million from a year ago;
analysts
expected $6.79 million.
* Data I/O Corp's reported EPS for the quarter was 2 cents.
* The company reported quarterly net income of $144
thousand.
* Data I/O Corp shares had risen by 9.9% this quarter.
FORECAST CHANGES
* The mean earnings estimate of analysts had fallen by
about 100%
in the last three months.
* In the last 30 days, one analyst negatively revised an
earnings
estimate
RECOMMENDATIONS
* 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
$6.50
This summary was machine generated from LSEG data February 23 at
03:03 a.m. UTC. 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) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Dec. 31 2023 0.00 0.02 Beat
Sep. 30 2023 0.03 -0.01 Missed
Jun. 30 2023 0.00 0.03 Beat
Mar. 31 2023 -0.09 0.01 Beat