Data I/O (NASDAQ:DAIO) announced its quarterly earnings results on Thursday. The electronics maker reported $0.00 earnings per share for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.03), Zacks Earnings Dates reports. The firm had revenue of $6.06 million during the quarter. Data I/O had a net margin of 5.50% and a return on equity of 7.00%.
Shares of DAIO traded down $0.56 during trading hours on Friday, reaching $4.84. 7,672 shares of the company traded hands, compared to its average volume of 30,749. The company has a quick ratio of 3.32, a current ratio of 4.07 and a debt-to-equity ratio of 0.02. The firm has a market cap of $45.57 million, a P/E ratio of 26.60 and a beta of 1.76. Data I/O has a fifty-two week low of $4.27 and a fifty-two week high of $7.66.
Separately, TheStreet raised Data I/O from a “c” rating to a “b-” rating in a research note on Thursday, February 21st.
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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 off-line automated programming systems; and RoadRunner and RoadRunner3 series handlers, an in-line automated programming systems.
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