Data I/O Reports First Quarter 2020 Results

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Go back to Data I/O Reports First Quarter 2020 Results

Data I/o Corp (DAIO) Tops Q1 EPS by 9c

April 30, 2020 4:53 PM EDT

Data I/o Corp (NASDAQ: DAIO) reported Q1 EPS of ($0.07), $0.09 better than the analyst estimate of ($0.16). Revenue for the quarter came in at $4.8 million versus the consensus estimate of $4.4 million.

Commenting on the first quarter ended March 31, 2020, Anthony Ambrose, President and CEO of Data I/O Corporation, said, The first quarter delivered unprecedented worldwide conditions with the onset of the COVID-19 pandemic just as our business seemed to be emerging from the cyclical downtrend that commenced nearly two years ago. Our thoughts and prayers go out to all the communities, businesses... More