Data I/O (NASDAQ:DAIO) Announces Earnings Results

Data I/O (NASDAQ:DAIOGet Free Report) posted its quarterly earnings results on Thursday. The electronics maker reported ($0.03) EPS for the quarter, Zacks reports. The business had revenue of $5.42 million for the quarter. Data I/O had a negative net margin of 6.15% and a negative return on equity of 7.71%.

Data I/O Trading Up 4.5 %

Shares of NASDAQ:DAIO traded up $0.11 during midday trading on Friday, reaching $2.55. 51,818 shares of the company were exchanged, compared to its average volume of 21,696. The stock has a market cap of $23.01 million, a PE ratio of -51.80 and a beta of 0.96. The business’s fifty day moving average is $2.50 and its two-hundred day moving average is $2.76. Data I/O has a one year low of $2.29 and a one year high of $3.99.

Analyst Upgrades and Downgrades

Separately, Westpark Capital reissued a “buy” rating and set a $4.00 target price on shares of Data I/O in a research note on Wednesday, August 21st.

Check Out Our Latest Stock Analysis on DAIO

About Data I/O

(Get Free Report)

Data I/O Corporation, together with its subsidiaries, engages in the design, manufacture, and sale of programming and security deployment systems and services for electronic device manufacturers in the United States, Europe, and internationally. Its programming system products are used to program integrated circuits (ICs) with the specific data for the ICs.

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Earnings History for Data I/O (NASDAQ:DAIO)

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