Data I/O (NASDAQ:DAIO) issued its earnings results on Thursday. The electronics maker reported $0.04 earnings per share for the quarter, Fidelity Earnings reports. Data I/O had a return on equity of 15.30% and a net margin of 11.93%. The company had revenue of $6.53 million for the quarter.
Shares of NASDAQ DAIO traded down $0.17 during mid-day trading on Friday, reaching $4.96. 194,600 shares of the company traded hands, compared to its average volume of 95,245. The company has a debt-to-equity ratio of 0.02, a quick ratio of 3.40 and a current ratio of 4.05. The firm has a market cap of $42.10 million, a price-to-earnings ratio of 12.48 and a beta of 1.59. Data I/O has a fifty-two week low of $4.27 and a fifty-two week high of $16.49.
Separately, Lake Street Capital reissued a “buy” rating and set a $7.00 price objective on shares of Data I/O in a report on Friday, July 27th.
About Data I/O
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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