Data I/O Corporation (NASDAQ:DAIO) is expected to report second quarter earnings results, after market close, on Tuesday 4th August 2020.
Analysts polled by Thomson Reuters anticipate second quarter loss of $ 0.09 per share.
Looking ahead, the full year loss are expected at $ 0.23 per share on the revenues of $ 20.38 million.
Previous Quarter Performance
Data I/O Corporation posted loss for the first quarter of $ 0.07 per share, from the revenue of $ 4.79 million. The quarterly revenues shrunk 20.96 percent compared with the same quarter last year. According to street consensus, DAIO was expected to report 1Q20 loss of $ 0.16 per share from revenue of $ 4.40 million. The bottom line results beat street analysts by $ 0.09 or 56.25 percent, at the same time, top line results outshined analysts by $ 0.39 million or 8.86 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of DAIO was $ 3.90, representing a 66.67 % increase from the 52 week low of $ 2.34 and a 13.72 % decrease over the 52 week high of $ 4.52.
The company has a market capital of $ 32.06 million and is part of the Technology sector and Electronic Components industry.
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Conference Call
Data I/O Corporation will be hosting a conference call at 5:00 PM eastern time on 4th August 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.dataio.com
Data I/O Corporation designs, manufactures, and sells programming 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 necessary for the ICs. The company provides PSV handlers offline automated programming systems; and RoadRunner and RoadRunner3 series handlers, an inline automated programming systems.
