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

Data I/O

27/04/2023 22:03

* Data I/O Corp  DAIO.OQ  reported quarterly adjusted
earnings of
1 cent​​ per share for the quarter ended in March. The lone
analyst forecast for the quarter was for a loss of 9 cents per
share.
    * Revenue rose 45.6% to $7.23 million from a year ago;
analysts
expected $6.71 million. 
    * Data I/O Corp's reported EPS for the quarter was 1 cent​.
    * The mean earnings estimate of analysts had fallen by
about 80%
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 fallen by 19.5% this quarter and
gained 0.8% so far this year.
    * The company reported quarterly net income of $95 thousand.
    * Wall Street's median 12-month price target for Data I/O
Corp is
$8.20 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 1 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
April 27 at 09:03 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.09          0.01           Beat
 Dec. 31 2022      -0.01          0.06           Beat
 Sep. 30 2022      -0.08          0.10           Beat
 Jun. 30 2022      -0.21          -0.08          Beat