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Data I/O Runs Into Some More Headwinds, Just As Green Shoots Appeared

April 6th, 2020 · No Comments

  • The company’s fourth quarter results came in better than expected and seem to indicate the worst of the downturn might be behind the company.
  • However, the coronavirus outbreak is putting this progress on hold, and in a cloud of fog through which little visibility emerges.
  • However, the company remains financially strong enough to weather almost any kind of downturn, and the shares are cheap with half the market cap in cash.

Source: Data I/O Runs Into Some More Headwinds, Just As Green Shoots Appeared (NASDAQ:DAIO) | Seeking Alpha

Tags: DAIO