Data I/O Reports Third Quarter 2020 Results
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Data I/o Corp (DAIO) Q3 Revenue Beat
October 29, 2020 5:04 PM EDTData I/o Corp (NASDAQ: DAIO) reported Q3 EPS of ($0.09), which may not compare to the analyst estimate of ($0.07). Revenue for the quarter came in at $5.6 million versus the consensus estimate of $4.9 million. Adjusted earnings before interest, taxes, depreciation, amortization excluding equity compensation, (EBITDAS), of $169,000
Commenting on the third quarter ended September 30, 2020, Anthony Ambrose, President and CEO of Data I/O Corporation, said, We are excited to report strong growth sequentially from the second quarter in revenues and bookings, while year-over-year third quarter revenues increased 56%. Our turnaround in financial performance in the third... More
