Data I/O Corp reports results for the quarter ended December 31 - Earnings Summary

• Data I/O Corp DAIO.OQ reported a quarterly adjusted loss of 13 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 2 cents. The lone analyst forecast for the quarter was for a loss of 3 cents per share.

• Revenue fell 24.6% to $5.19 million from a year ago; analysts expected $5.75 million.

• Data I/O Corp's reported EPS for the quarter was a loss of 13 cents​.

• The company reported a quarterly loss of $1.18 million.

• Data I/O Corp shares had risen by 11.2% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts was unchanged 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 1 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the computer hardware peer group is also "strong buy"

Wall Street's median 12-month price target for Data I/O Corp is $5.00

This summary was machine generated from LSEG data February 27 at 10:00 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)