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 Corp (DAIO) delivers mission-critical programming solutions for secure electronics manufacturing across automotive, IoT, and industrial sectors. This news hub provides investors and industry professionals with centralized access to the company's latest developments and strategic milestones.
Track official press releases covering product innovations, financial results, and partnership announcements. Our curated collection includes updates on security provisioning advancements, manufacturing process optimizations, and global market expansions relevant to DAIO's operations.
Key content categories include quarterly earnings disclosures, technology patent updates, executive leadership changes, and industry recognition announcements. All materials are sourced directly from company communications to ensure accuracy and timeliness.
Bookmark this page for streamlined monitoring of DAIO's progress in flash memory programming and microcontroller security solutions. Regularly updated content supports informed decision-making for stakeholders tracking electronics manufacturing innovation.
Data I/O Corporation (NASDAQ: DAIO) reported strong financial results for Q3 2022, with net sales of $7.2 million, up 7% year-over-year. Bookings reached $7.1 million, the highest for this quarter in five years. Gross margin was 57%, and net income was $847,000 or $0.10 per share. The company also had a backlog of $4.9 million, the highest in a decade. Key developments include the launch of VerifyBoost technology, which enhances programming speed for automotive applications. Cash reserves stood at $11 million with no debt, indicating solid financial health.
Data I/O Corporation (NASDAQ: DAIO) announces a major enhancement to its LumenX platform for automotive-grade UFS devices, introducing VerifyBoost technology. This advancement achieves up to 4.5x improvement in programming speed and reduces programming costs by 39%. The platform supports speeds up to 750 MBps, addressing the forecasted tripling demand for automotive semiconductors over the next eight years. Existing customers can upgrade their systems, maximizing current investments without needing new equipment.
Data I/O Corporation (NASDAQ: DAIO) has released the latest interview with CEO Anthony Ambrose, discussing insights on Industry 4.0 and smart factory systems. The interview, available on their website, highlights the company's technological advancements in programming solutions and security measures. Key topics include the Factory Connectivity Interface, Data I/O’s Automotive First Strategy, and the impact of their solutions on supply chain efficiency and product security. The interview is part of a fireside chat series leading up to the company’s 50th anniversary.
Data I/O Corporation (NASDAQ: DAIO) announced a conference call to discuss its financial results for Q3 2022, scheduled for October 27, 2022, at 2 p.m. PT. The financial results will be released after market close on the same day. Investors can listen to the call by dialing 412-317-5788, with a replay available until November 10, 2022, using access code 1626055. The call will also be webcasted on Data I/O's website. The company emphasizes its role as a leading provider of secure data deployment solutions in various sectors including automotive and IoT.
Data I/O Corporation (NASDAQ: DAIO) recently released an interview with CEO Anthony Ambrose discussing the new SentriX® security deployment platform. The platform enhances security for semiconductor and microcontroller firmware, expanding upon its existing PSV family. Key topics include technology roadmaps targeting Automotive and IoT sectors, partnerships for programming solutions, and opportunities for Recurring Revenue through Security Deployment-as-a-Service. Use cases range from smart locks to electric vehicle charging networks, showcasing versatility in modern applications.
Data I/O Corporation (NASDAQ: DAIO), a global leader in advanced security and data deployment solutions, will participate in two key investor conferences. The Singular Research's Autumn Equinox Webinar is scheduled for September 14, 2022, featuring a live presentation from 2:30 PM to 3:15 PM Eastern. The Sequire Semiconductor Conference follows on September 15, 2022, with a presentation available at 5:00 PM Eastern and an industry panel featuring CEO Anthony Ambrose at 12:00 PM Eastern.
Data I/O Corporation (NASDAQ: DAIO) has released an interview featuring CEO Anthony Ambrose, discussing resilient supply chain management amid the semiconductor industry's demands. Key topics include the company's strategy to address global semiconductor, IoT, and automotive electronics requirements, their transition to a recurring revenue model with SentriX® services, and growth prospects linked to electrification in the automotive sector. Additionally, the interview touches on the implications of the CHIPS Act of 2022 and Data I/O's cross-border operations.
Data I/O Corporation (NASDAQ: DAIO) reported second quarter 2022 financial results, highlighting net sales of $4.8 million and record backlog of $5.8 million, with bookings at $6.4 million.
The gross margin stood at 57.8%, while net loss was ($657,000), or ($0.08) per share. Cash reserves were $10.3 million, reflecting a decline due to increased receivables and inventory.
Automotive electronics made up 55% of bookings. Management expressed optimism over resuming operations in China and a strong sales pipeline despite challenges in EMEA.
Data I/O Corporation (NASDAQ: DAIO) announced a conference call to discuss its financial results for Q2 2022, scheduled for July 28, 2022, at 2 p.m. PT/5 p.m. ET. The financial results will be released after market close on the same day. Investors can access the call by dialing 412-317-5788 or via webcast on the company’s website. The company specializes in data programming and security solutions for various electronic devices, aiming to bolster the global electronics supply chain.
Data I/O Corporation (NASDAQ: DAIO) announces an insightful interview with CEO Anthony Ambrose, focusing on semiconductor growth in the automotive sector. With a robust CAGR of 12-15% for semiconductor content in vehicles, the company highlights growth drivers such as electrification, secure programming, and autonomous driving technologies. The discussion also touches on the favorable global semiconductor supply chain dynamics as consumer electronics demand wanes. This conversation is part of a fireside chat series leading up to Data I/O's 50th anniversary.
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