Data I/O (NASDAQ:DAIO) Full Year 2023 Results
Main financial results
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Revenue: USD 28.1 million (16% increase compared to FY22).
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Net income: USD 486,000 (up from a loss of USD 1.12 million in fiscal 2022).
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Profit margin: 1.7% (up from 2022 net loss). The transition to profitability was driven by revenue growth.
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EPS: USD 0.054 (up from loss of USD 0.13 in FY2022).
All numbers shown in the chart above are for the trailing 12 month (TTM) period.
Data I/O EPS exceeds expectations
Sales were in line with analyst forecasts. Earnings per share (EPS) exceeded analyst estimates by 67%.
Looking ahead, revenues are expected to grow at an average annual rate of 8.3% over the next two years, compared to a growth forecast of 5.3% for the U.S. electronics industry.
performance of American electronics industry.
The company’s stock rose 8.0% from the previous week.
risk analysis
Before I summarize, I discovered the following: Two warning signs for data I/O What you need to know.
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