Revenue Update on Data I/O Corporation(NASDAQ:DAIO)

Data I/O Corporation(NASDAQ:DAIO) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during After-hours on Jul 28, 2016. Earnings per share were $0.06.

Data I/O Corporation (DAIO) made into the market gainers list on Thursdays trading session with the shares advancing 1.84% or 0.06 points. Due to strong positive momentum, the stock ended at $3.32, which is also near the day’s high of $3.4926. The stock began the session at $3.2788 and the volume stood at 40,435 shares. The 52-week high of the shares is $3.95 and the 52 week low is $2.03. The company has a current market capitalization of $26 M and it has 79,02,253 shares in outstanding.

Several Insider Transactions has been reported to the SEC. On Mar 9, 2016, Alan B Howe (director) purchased 5,000 shares at $2.32 per share price.Also, On Mar 17, 2015, Brian Crowley (director) purchased 1,200 shares at $3.33 per share price.

Data I/O Corporation (Data I/O) designs manufactures and sells programming systems for electronic device manufacturers specifically targeting areas such as flash memory and microcontrollers. Data I/O’s programming solutions include a range of products systems modules and accessories grouped into two general categories: automated programming systems and manual programming systems. The Company provides two categories of automated programming systems: off-line and in-line. Data I/O’s common programming platform FlashCORE and Data I/O’s universal job setup tool Tasklink for Windows are available in each family of the Company’s automated programming systems and FlashPAK. In addition the Company provides device support and service on its products.

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