Data io Corp. - DAIO STOCK NEWS

Data I/O achieves a milestone with the sale of the 500th PSV automated programming system, highlighting its leadership in programming technology. The PSV family is recognized as the most successful automated programming system in the industry, catering to automotive, industrial, and consumer markets. Demonstrations of the PSV family will be available at the IPC APEX Expo, showcasing the company's continuous innovation and commitment to meeting evolving programming requirements.

Data I/O (NASDAQ: DAIO) announces the fifth installment of its fireside chat series with President and CEO, Anthony Ambrose, focusing on Onshoring/Near Shoring Trends & China-Plus 1. The interview highlights Data I/O's programming innovation, global presence, China-Plus 1 strategy impact, resilient supply chain, leadership in Automotive Electronics, and future growth catalysts.

Data I/O Corporation (DAIO) announces the availability of its fourth fireside chat series interview focusing on Semiconductor Programming Growth Opportunities. The interview with President and CEO Anthony Ambrose discusses Data I/O's position in the semiconductor ecosystem, the growth of the semiconductor programming market, the demand for Automotive Electronics, the impact of electric vehicles on programming demand, software-defined vehicles, AI's growth in the semiconductor industry, and more.

Data I/O Corporation (DAIO) reported a 16% revenue growth in 2023, reaching $28.1 million for the year. The company achieved net income of $486,000 and adjusted EBITDA of $2.3 million. Automotive Electronics accounted for 63% of bookings, with SentriX software revenues increasing by 150%. Data I/O aims for double-digit bookings growth in 2024, with gross margins expected in the mid-to-high 50% range.

Data I/O Corporation (NASDAQ:DAIO) announced a conference call to discuss financial results for Q4 2023 on February 22, 2024. The call will be held at 2 p.m. Pacific Time/5 p.m. Eastern Time. Financial results will be released after the market closes on the same day. The call will be available for replay until March 7, 2024, and will also be webcast over the Internet.

Data I/O Corporation (DAIO) has announced preliminary financial results for the fourth quarter and full year ended December 31, 2023, revealing a 16% revenue growth. The company also disclosed plans for a non-deal roadshow with WestPark Capital, Inc. and participation in the A.G.P. Virtual Technology Conference. The preliminary results include net sales of $6.8 million and bookings of $7.2 million for the quarter, as well as net sales of $28 million for the year. The automotive electronics market represented 63% of the company's bookings, with 23 new customer wins in 2023. CEO Anthony Ambrose expressed optimism about the company's performance and long-term potential in the automotive electronics market, expecting to share the company's growth catalysts with investors in the upcoming events.

Data I/O Corporation (NASDAQ: DAIO) announced the availability of the third installment of its 2023/2024 fireside chat series of interviews with its President and CEO, Anthony Ambrose, and its Chief Technology Officer, Rajeev Gulati. The discussion focused on the Company’s technological advancements that position it for AI programming security requirements. The interview is being streamed for public viewing over the Internet and can be accessed via the Webcasts and Presentations section of the Data I/O Corporation website at www.dataio.com and on all the Company’s social media feeds. The interview covers topics such as historical technology transformations, forward investing, implications of technology transitions, demand shifts for Automotive Electronics and Electrification, and the opportunity for market share gains and new services from software, connected factory interface architecture advancements, and security for AI applications. The series will include interviews from October 2023 through April 2024, each hosted by respected investment community professionals, financial newsletter writers/influencers, and business consultants.

Data I/O Corporation (DAIO) announced the availability of the second installment of its 2023/2024 fireside chat series of interviews with its President and CEO, Anthony Ambrose. The interview focused on automotive technology advancements and monetization impact, covering topics such as electrification of vehicles, growth trends, and the company's position as the premier automotive electronics programming partner. The series includes interviews from October 2023 through April 2024, featuring respected investment community professionals and business consultants.

Data I/O Corporation (NASDAQ:DAIO) announced its participation in two upcoming investor conferences in December 2023. Anthony Ambrose, President and CEO, will be presenting at the Singular Research Best of the Uncovered Conference and the Investor Summit Group Q4 Virtual Conference. These events aim to connect the company with potential investors and will provide opportunities for networking and exposure. Investors can register for webinars and access the presentation used at the conferences on the company's website.