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

Data I/O

27/10/2022 22:01

* Data I/O Corp  DAIO.OQ  reported quarterly adjusted
earnings of
10 cents​​ per share for the quarter ended in September. The
mean expectation of two analysts for the quarter was for a loss
of 8 cents per share.
    * Revenue rose 7.2% to $7.21 million from a year ago;
analysts
expected $6.11 million. 
    * Data I/O Corp's reported EPS for the quarter was 10
cents​.
    * The mean earnings estimate of analysts had risen by
about 43.3%
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 13.6% this quarter and
lost 31.2% so far this year.
    * The company reported quarterly net income of $847
thousand.
    * Wall Street's median 12-month price target for Data I/O
Corp is
$6.90 
    * 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 Refinitiv data October
27 at 09:01 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      -0.08          0.10           Beat
 Jun. 30 2022      -0.21          -0.08          Beat
 Mar. 31 2022      -0.05          -0.21          Missed
 Dec. 31 2021      0.00           -0.02          Missed