Data I/O Announces Open Market Purchases of Company Stock by Board Members and Senior Management
Data I/O Corporation (NASDAQ: DAIO) announced that multiple company insiders, including Board members and senior management, have made open-market purchases of the company's common stock following the release of Q1 financial results. William Wentworth, President/CEO and Executive Board Member, emphasized that these purchases demonstrate confidence in the company's strategic goals for market dominance, revenue growth, and profitability.
Despite achieving sequential growth and operational progress in Q1 amid global trade tensions, management believes the current stock price undervalues the company's business potential and growth prospects. The insider purchases are intended to signal strong alignment with shareholder interests.
Data I/O Corporation (NASDAQ: DAIO) ha annunciato che diversi dirigenti interni all'azienda, inclusi membri del Consiglio di Amministrazione e della dirigenza senior, hanno effettuato acquisti sul mercato aperto delle azioni ordinarie della società dopo la pubblicazione dei risultati finanziari del primo trimestre. William Wentworth, Presidente/CEO e membro esecutivo del Consiglio, ha sottolineato che questi acquisti dimostrano fiducia negli obiettivi strategici dell'azienda per il dominio del mercato, la crescita dei ricavi e la redditività.
Nonostante il raggiungimento di una crescita sequenziale e progressi operativi nel primo trimestre in un contesto di tensioni commerciali globali, la direzione ritiene che l'attuale prezzo delle azioni sottovaluti il potenziale di business e le prospettive di crescita dell'azienda. Gli acquisti da parte degli insider sono volti a segnalare un forte allineamento con gli interessi degli azionisti.
Data I/O Corporation (NASDAQ: DAIO) anunció que varios directivos internos de la empresa, incluidos miembros de la Junta y alta dirección, han realizado compras en el mercado abierto de acciones ordinarias de la compañía tras la publicación de los resultados financieros del primer trimestre. William Wentworth, Presidente/CEO y miembro ejecutivo de la Junta, destacó que estas compras reflejan confianza en los objetivos estratégicos de la empresa para dominar el mercado, aumentar los ingresos y la rentabilidad.
A pesar de haber logrado un crecimiento secuencial y avances operativos en el primer trimestre en medio de tensiones comerciales globales, la dirección considera que el precio actual de las acciones subestima el potencial comercial y las perspectivas de crecimiento de la empresa. Las compras internas buscan señalar una fuerte alineación con los intereses de los accionistas.
Data I/O Corporation(NASDAQ: DAIO)는 이사회 구성원 및 고위 경영진을 포함한 여러 회사 내부자가 1분기 재무 결과 발표 후 회사 보통주를 시장 내 공개 매수했다고 발표했습니다. William Wentworth 사장 겸 CEO이자 집행 이사회 멤버는 이러한 매수가 시장 지배, 매출 성장 및 수익성에 대한 회사의 전략적 목표에 대한 신뢰를 보여준다고 강조했습니다.
글로벌 무역 긴장 상황 속에서도 1분기에 연속적인 성장과 운영상의 진전을 이루었음에도 불구하고 경영진은 현재 주가가 회사의 비즈니스 잠재력과 성장 전망을 저평가하고 있다고 판단합니다. 내부자 매수는 주주 이익과의 강한 일치를 나타내기 위한 것입니다.
Data I/O Corporation (NASDAQ : DAIO) a annoncé que plusieurs initiés de l'entreprise, y compris des membres du conseil d'administration et des cadres supérieurs, ont effectué des achats sur le marché libre d'actions ordinaires de la société suite à la publication des résultats financiers du premier trimestre. William Wentworth, Président/CEO et membre exécutif du conseil, a souligné que ces achats témoignent de la confiance dans les objectifs stratégiques de l'entreprise en matière de domination du marché, de croissance du chiffre d'affaires et de rentabilité.
Malgré une croissance séquentielle et des progrès opérationnels au premier trimestre dans un contexte de tensions commerciales mondiales, la direction estime que le cours actuel de l'action sous-évalue le potentiel commercial et les perspectives de croissance de l'entreprise. Ces achats d'initiés visent à montrer une forte alignement avec les intérêts des actionnaires.
Data I/O Corporation (NASDAQ: DAIO) gab bekannt, dass mehrere Insider des Unternehmens, darunter Vorstandsmitglieder und das obere Management, Aktienkäufe am offenen Markt der Stammaktien des Unternehmens getätigt haben, nachdem die Finanzergebnisse für das erste Quartal veröffentlicht wurden. William Wentworth, Präsident/CEO und Executive Board Member, betonte, dass diese Käufe Vertrauen in die strategischen Ziele des Unternehmens hinsichtlich Marktdominanz, Umsatzwachstum und Rentabilität zeigen.
Trotz eines sequenziellen Wachstums und operativer Fortschritte im ersten Quartal angesichts globaler Handelskonflikte ist das Management der Ansicht, dass der aktuelle Aktienkurs das Geschäftspotenzial und die Wachstumsaussichten des Unternehmens unterschätzt. Die Insiderkäufe sollen eine starke Übereinstimmung mit den Interessen der Aktionäre signalisieren.
- Multiple insiders including Board members and senior management purchased company stock in the open market
- Company achieved sequential growth in Q1 2025 despite global trade tensions
- Made considerable progress in key operational areas
- Current stock price is considered undervalued by management, suggesting poor market performance
- Company facing impact from global trade tensions
Redmond, Washington--(Newsfile Corp. - May 8, 2025) - Data I/O Corporation (NASDAQ: DAIO), the leading global provider of advanced security and data deployment solutions for microcontrollers, security ICs and memory devices, today announced recent open-market stock purchases by Company insiders. During the most recent trading window that opened following the Company's first quarter financial report, several insiders including Board members and senior management purchased Data I/O common stock, the details of which are disclosed as appropriate in Form 4 filings with the Securities and Exchange Commission.
William Wentworth, President/CEO and Executive Board Member of Data I/O Corporation, said, "I am encouraged by my fellow insiders joining me in making open-market purchases of the Company's common stock. These purchases underscore the confidence we have in delivering on our long-term strategic goals for driving market dominance, revenue growth and profitability. Although considerable progress was made in key operational areas and we delivered sequential growth despite global trade tensions in the first quarter, we believe recent prices for Data I/O common shares do not represent the inherent value of our business and future growth opportunities. The recent open-market purchases of our common stock should send a strong message that now, more than ever, we are aligned with all our shareholders and look forward to improved return on investment."
About Data I/O Corporation
Since 1972, Data I/O has developed innovative solutions to enable the design and manufacture of electronic products for automotive, Internet-of-Things, medical, wireless, consumer electronics, industrial controls and other electronics devices. Today, our customers use Data I/O's data provisioning solutions to manage device intellectual property from point of inception to deployment in the field. OEMs of any size can program and securely provision devices from early samples all the way to high volume production prior to shipping semiconductor devices to a manufacturing line. Data I/O enables customers to reliably, securely, and cost-effectively bring innovative new products to life. These solutions are backed by a portfolio of patents and a global network of Data I/O support and service professionals, ensuring success for our customers. Learn more at dataio.com/Company/Patents.
Learn more at dataio.com
Forward Looking Statement
Statements in this news release concerning economic outlook, expected revenue, expected margins, expected savings, expected results, expected expenses, orders, deliveries, backlog and financial positions, semiconductor chip shortages, supply chain expectations, as well as any other statement that may be construed as a prediction of future performance or events are forward-looking statements which involve known and unknown risks, uncertainties and other factors which may cause actual results to differ materially from those expressed or implied by such statements.
Forward-looking statement disclaimers also apply to the demand for the Company's products and the impact from geopolitical conditions including any related international trade restrictions. These factors include uncertainties as to the ability to record revenues based upon the timing of product deliveries, shipping availability, installations and acceptance, accrual of expenses, coronavirus related business interruptions, changes in economic conditions, part shortages and other risks including those described in the Company's filings on Forms 10-K and 10-Q with the Securities and Exchange Commission (SEC), press releases and other communications.
Contact:
Darrow Associates, Inc.
Jordan Darrow
(512) 551-9296
jdarrow@darrowir.com
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