DAIO Earnings Prediction
The chart below shows how DAIO performed 10 days before and after its earnings report, based on data from the past quarters. Typically, DAIO sees a +1.87% change in stock price 10 days leading up to the earnings, and a -7.87% change 10 days following the report. On the earnings day itself, the stock moves by -0.25%. This data can give you a slight idea of what to expect for the next quarter's release.
DAIO Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
5.42M
-17.34%
7.13%
Gross Margin
53.92%
0.50%
-0.99%
Operating Margin
-5.99%
523.96%
-46.42%
Net Margin
-5.66%
598.77%
-64.04%
EPS
-0.03
-200.00%
-66.67%
No Data Available
DAIO Earnings Analysis
Data I/O Corp Corporation (DAIO.O) Earnings Conference Call
Positive
Operating Expenses Reduction: Year-to-date, operating expenses are down by more than $1 million, 11% from last year.
Record Cash Balance: Our cash balance at the end of the third quarter is the highest level in 10 quarters.
Cash Position Stability: Cash remained relatively steady at $12.4 million as of September 30, up $1 million from the $11.4 million at the end of Q2.
Strong Backlog and Financial Health: We maintained a strong backlog, a healthy balance sheet, and a lower operating cost structure, which will contribute to improved future financial performance as the markets recover.
Quarterly Performance Comparison: We achieved 54% in Q3, which is comparable to our prior quarter Q2 and prior year Q3.
Negative
Third Quarter Revenue Decline: Third quarter revenue at $5.4 million was down 17% compared with $6.6 million from the prior year period.
Net Loss Improvement: The company incurred a net loss of $307,000 for Q3, an improvement of $490,000 from the Q2 net loss of $797,000, largely due to lower revenue.
Revenue Shortfalls and Cash Stability: Year-to-date revenue shortfalls were noted, with cash remaining relatively steady at $12.4 million as of September 30, up $1 million from the $11.4 million at the end of Q2.
Operating Expense Reduction: Operating expenses were $3.2 million, down $334,000 or 9% from the prior year and down $1.3 million or 11% on a year-to-date basis.
Operating Expenses Reduction: Third quarter operating expenses are down by more than $1 million, 11% from last year.
