Data I/O Corp reports results for the quarter ended September 30 - Earnings Summary

• Data I/O Corp reported a quarterly adjusted loss of 12 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of -15 cents. The lone analyst forecast for the quarter was for earnings of one cent per share.

• Revenue fell 9.6% to $4.87 million from a year ago; analysts expected $6.20 million.

• Data I/O Corp's reported EPS for the quarter was a loss of 27 cents​.

• The company reported a quarterly loss of $2.7 million.

• Data I/O Corp shares had fallen by 15.4% this quarter and lost 21.8% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 128.6% 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 "buy."

• Wall Street's median 12-month price target for Data I/O Corp is $5.50, about 54.9% above its last closing price of $2.48

This summary was machine generated from LSEG data November 12 at 04:55 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)