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

Data I/O (NASDAQ:DAIO) issued its earnings results on Thursday. The electronics maker reported ($0.13) earnings per share for the quarter, missing the consensus estimate 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 %

Shares of Data I/O stock traded down $0.31 during trading on Thursday, reaching $2.77. The company’s stock had a trading volume of 35,551 shares, compared to its average volume of 20,833. The company has a 50-day moving average price of $2.93 and a two-hundred day moving average price of $2.69. 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 cap of $25.58 million, a PE ratio of -14.58 and a beta of 0.91.

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.