Data I/O Corp reports results for the quarter ended in March - Earnings Summary
Data I/O Corp DAIO.OQ reported a quarterly adjusted loss of 9 cents per share for the quarter ended in March, 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 -2 cents to 1 cents per share.
Revenue fell 15.7% to $6.10 million from a year ago; analysts expected $6.72 million.
Data I/O Corp's reported EPS for the quarter was a loss of 9 cents.
The company reported a quarterly loss of $807 thousand.
Data I/O Corp shares had risen by 0.3% this quarter and gained 20.1% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 50% 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 it services & consulting peer group is "buy."
Wall Street's median 12-month price target for Data I/O Corp is $6.50
This summary was machine generated from LSEG data April 25 at 10:44 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 |
Mar. 31 2024 | 0.00 | -0.09 | Missed |
Dec. 31 2023 | 0.00 | 0.02 | Beat |
Sep. 30 2023 | 0.03 | -0.01 | Missed |
Jun. 30 2023 | 0.00 | 0.03 | Beat |
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