Data I/O Co. (NASDAQ:DAIO – Free Report) – Equities research analysts at Singular Research issued their Q2 2024 EPS estimates for Data I/O in a research report issued to clients and investors on Tuesday, April 30th. Singular Research analyst D. Marsh expects that the electronics maker will earn $0.02 per share for the quarter. Singular Research currently has a “Buy” rating on the stock. Singular Research also issued estimates for Data I/O’s Q3 2024 earnings at $0.06 EPS, Q4 2024 earnings at $0.08 EPS, FY2024 earnings at $0.06 EPS, Q1 2025 earnings at ($0.05) EPS, Q2 2025 earnings at $0.00 EPS, Q3 2025 earnings at $0.06 EPS, Q4 2025 earnings at $0.09 EPS and FY2025 earnings at $0.10 EPS.
Data I/O (NASDAQ:DAIO – Get Free Report) last issued its quarterly earnings results on Thursday, February 22nd. The electronics maker reported $0.02 earnings per share for the quarter. The firm had revenue of $6.87 million during the quarter. Data I/O had a negative return on equity of 2.10% and a negative net margin of 1.54%.
Data I/O Price Performance
Institutional Investors Weigh In On Data I/O
Several hedge funds have recently modified their holdings of the company. Bank of New York Mellon Corp purchased a new position in Data I/O during the third quarter worth about $463,000. Essex Investment Management Co. LLC boosted its holdings in shares of Data I/O by 28.2% in the 1st quarter. Essex Investment Management Co. LLC now owns 81,990 shares of the electronics maker’s stock valued at $289,000 after purchasing an additional 18,053 shares during the last quarter. Finally, Salem Investment Counselors Inc. acquired a new stake in shares of Data I/O during the 1st quarter worth $56,000. 36.95% of the stock is owned by institutional investors and hedge funds.
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 necessary for the ICs.
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