Data I/O Corp reports results for the quarter ended in June - Earnings Summary

Data I/O

27/07/2023 22:01

* Data I/O Corp  DAIO.OQ  reported quarterly adjusted
earnings of
3 cents​​ per share for the quarter ended in June. The mean
expectation of two analysts for the quarter was for breakeven
results per share.
    * Revenue rose 55.1% to $7.40 million from a year ago;
analysts
expected $6.78 million. 
    * Data I/O Corp's reported EPS for the quarter was 3 cents​.
    * The mean earnings estimate of analysts had risen by
about 100%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Data I/O Corp shares had risen by 6.3% this quarter and
gained 14.9% so far this year.
    * The company reported quarterly net income of $300
thousand.
    * Wall Street's median 12-month price target for Data I/O
Corp is
$7.60 
    * 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." 

This summary was machine generated from LSEG Refinitiv data July
27 at 09:01 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.00           0.03           Beat
 Mar. 31 2023      -0.09          0.01           Beat
 Dec. 31 2022      -0.01          0.06           Beat
 Sep. 30 2022      -0.08          0.10           Beat