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

Data I/O

26/10/2023 22:02

* Data I/O Corp  DAIO.OQ  reported a quarterly adjusted loss
of 1
cent​​ per share for the quarter ended in September. The mean
expectation of two analysts for the quarter was for earnings of
3 cents per share.
    * Revenue fell 9% to $6.56 million from a year ago; analysts
expected $6.71 million. 
    * Data I/O Corp's reported EPS for the quarter was a loss of
1
cent​.
    * The mean earnings estimate of analysts had risen by
about 25% 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 8.4% this quarter and
lost 12.1% so far this year.
    * The company reported a quarterly loss of $53 thousand.
    * Wall Street's median 12-month price target for Data I/O
Corp is
$8.25 
    * 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
October 26 at 09:02 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.03           -0.01          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