Data I/O (NASDAQ:DAIO) Issues Quarterly Earnings Results, Misses Expectations By $0.18 EPS

Data I/O (NASDAQ:DAIO) posted its quarterly earnings data on Thursday. The electronics maker reported ($0.13) earnings per share for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.18), Zacks reports. Data I/O had a negative return on equity of 9.05% and a negative net margin of 7.53%.

Data I/O Trading Down 10.1 %

NASDAQ:DAIO traded down $0.31 during trading hours on Thursday, hitting $2.77. 35,551 shares of the stock were exchanged, compared to its average volume of 20,833. Data I/O has a 52-week low of $2.29 and a 52-week high of $3.99. The company has a market cap of $25.58 million, a P/E ratio of -14.58 and a beta of 0.91. The firm’s fifty day moving average price is $2.93 and its 200 day moving average price is $2.69.

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.