Welcome to our dedicated page for Data I.O. news (Ticker: DAIO), a resource for investors and traders seeking the latest updates and insights on Data I.O. stock.
Data I/O Corporation reports developments in data programming and security provisioning solutions for microcontrollers, security ICs, flash memory and other memory devices used in electronics manufacturing. Recurring updates cover financial results, bookings trends, cost actions, product-roadmap activity and demand from markets such as automotive electronics, IoT, medical, wireless, consumer electronics and industrial controls.
Company news also centers on the LumenX and LumenX2 programming platforms, PSV automated programming systems, manual programmers, on-site Programming-as-a-Service offerings and support tools for device programming and provisioning. Announcements frequently address technology collaborations, device-support libraries, manufacturing workflow integration, patents, service expansion and operational matters affecting global production support.
Data I/O (NASDAQ: DAIO), a leading provider of security and data deployment solutions for microcontrollers and memory devices, has scheduled its Q1 2025 earnings conference call for April 24, 2025, at 2 p.m. Pacific Time/5 p.m. Eastern Time.
The financial results will be released after market close on the same day. Investors can access the call by dialing 412-317-5788, with a replay available until May 8, 2025, via 412-317-0088 (access code: 5606603). A simultaneous webcast will be available on the company's website at www.dataio.com, with a recording accessible approximately one hour after the call.
Data I/O (NASDAQ: DAIO) has announced plans to showcase its new Unified Programming Platform Strategy at the IPC APEX Expo in Anaheim, California from March 18-20, 2025. The company will demonstrate its newly refreshed manual programmers, the LumenX-M8 and FlashCORE III-M4.
The unified platform strategy supports semiconductor preprogramming throughout the entire supply chain, from design to manufacturing. The refreshed manual programmers allow customers to create and validate preprogramming jobs during the design/NPI process and seamlessly transition to automated PSV systems for volume production, all on a single platform.
Visitors can explore these solutions at Data I/O's booth #3107, where the company will display both manual programmers and the PSV5000 automated programming system.
Data I/O (NASDAQ: DAIO), a leader in data and security deployment solutions, has been selected to participate in the inaugural MS Microcaps Virtual Investor Conference, co-hosted by GeoInvesting. The event, scheduled for March 3-7, 2025, will showcase 18 carefully selected companies.
DAIO's President and CEO William Wentworth will engage in a fireside chat on March 6, 2025, at 1:30 PM EST. The company was recently added to the MS Microcap Quality Index (MSMqi), which currently includes 109 stocks meeting specific quality factors and a curated multi-bagger checklist.
The conference, featuring 13 MSMqi-listed companies and 5 watchlist candidates, aims to connect promising smaller cap companies with engaged investors. The event is organized by Maj Soueidan, founder of MS Microcaps and co-founder of GeoInvesting, , who brings nearly 40 years of microcap investment experience.
Data I/O (NASDAQ: DAIO) reported challenging fourth quarter 2024 results with net sales of $5.2 million, down 25% from Q4 2023. Full-year 2024 sales declined 22% to $21.8 million.
The company posted a Q4 net loss of ($1.2) million or ($0.13) per share, compared to net income of $144,000 in Q4 2023. Full-year 2024 resulted in a ($3.1) million net loss or ($0.34) per share. Q4 gross margin decreased to 52.2% from 58% year-over-year.
Under new CEO William Wentworth, appointed in October 2024, the company is implementing strategic initiatives including AI integration, redesigned field services, and cost reduction measures. Automotive electronics represented 59% of 2024 bookings. The company maintains a solid balance sheet with $10.3 million in cash and no debt as of December 31, 2024.
Data I/O (NASDAQ:DAIO) has scheduled a conference call to discuss its fourth quarter 2024 financial results on Thursday, February 27, 2025, at 2 p.m. Pacific Time/5 p.m. Eastern Time. The company, which specializes in security and data deployment solutions for microcontrollers, security ICs and memory devices, will release its financial results after market close on the same day.
Interested parties can access the call by dialing 412-317-5788. A replay will be available until March 13, 2025, via 412-317-0088 (access code: 2420039). The call will also be webcast live on the company's website and archived for later viewing.
Data I/O (NASDAQ: DAIO) has announced the appointment of Garrett Larson to its Board of Directors, effective January 23, 2025. Larson, currently a Senior Equity Analyst at Kanen Wealth Management, , brings extensive experience in capital markets and value creation. He has led sector verticals across consumer and technology groups for multi-billion dollar hedge funds, including Kynikos Associates and SPX Capital over the past eight years.
Larson's appointment is expected to contribute to Data I/O's initiatives in operational efficiency, M&A evaluation, and long-term growth strategies. He holds a Bachelor of Science in Finance from Florida State University. The company's President and CEO, William Wentworth, emphasized Larson's investor-focused experience as a valuable addition to the board.
Data I/O (NASDAQ: DAIO) announced organizational changes effective December 1, 2024, following the appointment of William Wentworth as CEO. The company hired Monty Reagan as Vice President of Sales & Marketing, a position vacant for over 10 years, and promoted Matt Hunter to Director of Quality, a newly created position. These changes aim to support growth strategies and market share expansion. The reorganization also includes the departures of Rajeev Gulati, VP and Chief Technology Officer, and Michael Tidwell, VP of Marketing and Corporate Business Development.
Data I/O (NASDAQ: DAIO) reported Q3 2024 financial results with net sales of $5.4 million, down 17% from $6.6 million in Q3 2023. The company posted a net loss of ($307,000), or ($0.03) per share, compared to a net loss of ($53,000) in Q3 2023. Despite lower sales volume, gross margin remained steady at 53.9%. Operating expenses decreased by 9% to $3.2 million. The company maintains a strong balance sheet with $12.4 million in cash and no debt. New CEO William Wentworth, appointed October 1, 2024, outlined plans to enhance customer engagement, expand product portfolio, and diversify market presence beyond automotive electronics.
Data I/O (NASDAQ:DAIO) has announced its participation in several investor events in October 2024. These include:
- Third Quarter 2024 Financial Results Conference Call/Webcast on October 24
- Nasdaq Stock Market Closing Bell Ceremony on October 28
- LD Micro Main Event XVII Investor Conference on October 30
The Q3 financial results will be released after market close on October 24, followed by a conference call at 2 p.m. Pacific Time. The Nasdaq bell ringing ceremony will celebrate Data I/O's 40+ years as a public company and recent leadership transition. At the LD Micro conference, Data I/O will present and host 1:1 investor meetings.
Data I/O (NASDAQ: DAIO) has announced a CEO transition plan, with industry veteran Bill Wentworth set to become President and CEO. Wentworth, currently a board member, will assume the role of President on September 1, 2024, and CEO on October 1, 2024, replacing Anthony Ambrose. With over 35 years of industry experience, Wentworth brings valuable insights as a former Data I/O customer and successful business leader. He aims to capitalize on the company's strengths, generate growth, add new revenue streams, and explore organic and inorganic opportunities. The transition plan includes Ambrose assisting during the transition period and remaining available as a consultant for 12 months.