Data I/O (NASDAQ:DAIO – Get Free Report) posted its quarterly earnings results on Thursday. The electronics maker reported ($0.34) EPS for the quarter, missing the consensus estimate of ($0.16) by ($0.18), Zacks reports. Data I/O had a negative return on equity of 31.01% and a negative net margin of 23.19%.
Here are the key takeaways from Data I/O’s conference call:
- Data I/O reported Q1 2026 net sales of $3.3 million, down from $6.2 million a year ago, as the company experienced a slower-than-expected start to the year and softer revenue coming out of Q4.
- Management said bookings improved sequentially to $4.2 million in Q1, with strong late-quarter momentum, better traction in Europe, and several new customer logos added.
- The company raised Q2 revenue guidance to $5.0 million-$5.4 million, implying at least 20% sequential growth, and said the core business is entering the quarter with stronger demand and improved visibility.
- Data I/O outlined a major strategic shift toward Programming as a Service and recurring revenue, with management saying it is in active discussions with multiple customers and expects initial contracts to begin closing later this year.
- The company announced a $9 million direct investment and a planned $23 million transformational acquisition, which management said will nearly double annual revenue, expand manufacturing capacity, and be accretive to earnings and cash flow.
Data I/O Trading Up 5.1%
NASDAQ DAIO traded up $0.14 during trading on Thursday, reaching $2.91. The company’s stock had a trading volume of 230,582 shares, compared to its average volume of 30,121. The stock has a market capitalization of $27.32 million, a PE ratio of -5.39 and a beta of 1.09. The business has a 50-day moving average price of $2.58 and a 200-day moving average price of $2.85. Data I/O has a 1-year low of $2.16 and a 1-year high of $3.57.
Institutional Trading of Data I/O
Analysts Set New Price Targets
Several analysts recently commented on DAIO shares. Weiss Ratings restated a “sell (d-)” rating on shares of Data I/O in a report on Monday, April 20th. LADENBURG THALM/SH SH upgraded shares of Data I/O to a “strong-buy” rating in a report on Wednesday, May 6th. Finally, Zacks Research upgraded shares of Data I/O from a “strong sell” rating to a “hold” rating in a report on Friday, May 8th. Two investment analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Data I/O currently has a consensus rating of “Moderate Buy” and a consensus price target of $5.11.
Read Our Latest Stock Report on Data I/O
Data I/O Company Profile
Data I/O Corporation is a provider of device programming solutions for semiconductor and microcontroller manufacturers, test houses, contract manufacturers and electronics design engineers. The company’s product portfolio includes universal and site-specific programmers, automated programming systems and software tools that enable high-volume production, development and field programming of non-volatile memories and microcontrollers. Data I/O’s solutions are designed to support a wide range of programmable devices, including Flash, EPROM, EEPROM, PLDs, FPGAs and automotive-grade microcontrollers.
The company’s flagship technologies include its high-speed FlashCORE III programming engines and the SB-OS-A automated handling system, which together streamline production workflows by providing scalable, multi-site programming capabilities.
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