Data I/O Reports Fourth Quarter 2019 Results
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Data I/o Corp (DAIO) Tops Q4 EPS by 7c, Revenues Beat
March 3, 2020 4:24 PM ESTData I/o Corp (NASDAQ: DAIO) reported Q4 EPS of ($0.06), $0.07 better than the analyst estimate of ($0.13). Revenue for the quarter came in at $5.9 million versus the consensus estimate of $4.1 million.
Fourth Quarter 2019 Highlights
Net sales of $5.9 million; bookings of $6.9 millionGross margin as a percentage of sales of 55.9%Net loss of ($496,000) or ($0.06) per share. Adjusted earnings before interest, taxes, depreciation and amortization (EBITDA)*, excluding equity compensation, of ($67,000)Cash & Equivalents of $13.9 million; no debtAutomotive electronics, advanced programming and secure provisioning leadershipNew PSV2800 received major awards since introduction in October... More