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

Data I/O (NASDAQ:DAIO) announced its quarterly earnings data on Thursday. The electronics maker reported ($0.03) earnings per share (EPS) for the quarter, Zacks reports. Data I/O had a negative return on equity of 7.71% and a negative net margin of 6.15%. The firm had revenue of $5.42 million during the quarter.

Data I/O Stock Performance

Data I/O stock traded up $0.11 during midday trading on Friday, hitting $2.55. 51,818 shares of the company were exchanged, compared to its average volume of 21,696. Data I/O has a fifty-two week low of $2.29 and a fifty-two week high of $3.99. The firm has a market capitalization of $23.01 million, a PE ratio of -51.00 and a beta of 0.96. The business has a fifty day simple moving average of $2.50 and a two-hundred day simple moving average of $2.75.

Analyst Upgrades and Downgrades

Separately, Westpark Capital reaffirmed a “buy” rating and issued a $4.00 price objective on shares of Data I/O in a report on Wednesday, August 21st.

Data I/O Company Profile

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.