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

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

Data I/O Stock Performance

Shares of NASDAQ DAIO traded down $0.31 during midday 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. Data I/O has a fifty-two week low of $2.29 and a fifty-two 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 business’s 50 day moving average price is $2.93 and its two-hundred day moving average price is $2.69.

About Data I/O

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.