Data I/O Corp reports results for the quarter ended in September 30 - Earnings Summary

Data I/O

27/10/2024 15:49

* Data I/O Corp  DAIO.OQ  reported a quarterly adjusted loss
of 3
cents​​ per share for the quarter ended September 30, lower than
the same quarter last year, when the company reported EPS of -1
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 17.3% to $5.42 million from a year ago;
analysts
expected $5.87 million. 
    * Data I/O Corp's reported EPS for the quarter was a loss
of 3
cents​.
    * The company reported a quarterly loss of $307 thousand.
    * Data I/O Corp shares had fallen by 5.1% this quarter and
lost 17.0% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen 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.

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 computer
hardware
peer group is  "buy."

Wall Street's median 12-month price target for Data I/O Corp is
5.25 
This summary was machine generated from LSEG data October 27 at
03:49 p.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
 Sep. 30 2024      -0.01          -0.03          Missed
 Jun. 30 2024      -0.01          -0.09          Missed
 Mar. 31 2024      0.00           -0.09          Missed
 Dec. 31 2023      0.00           0.02           Beat