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 (NASDAQ: DAIO) is described in its public communications as a leading global provider of data programming, security provisioning, and advanced security and data deployment solutions for microcontrollers, security ICs, flash memory and other memory devices. This news page aggregates coverage related to Data I/O’s technology roadmap, Unified Programming Platform strategy, financial results and corporate developments.
Company news frequently focuses on product and platform announcements, such as the introduction of the next-generation LumenX2 programming platform, the LumenX2-M4 manual programmer, refreshed LumenX-M8 and FlashCORE III-M4 manual programmers, and PSV automated programming systems. Releases also highlight industry recognition, including technology awards for programming platforms referenced by the company.
Investors and industry followers can use this feed to review earnings and financial updates that the company announces via press releases and related Form 8-K filings, where Data I/O discusses bookings trends, revenue mix between capital equipment and consumable adapters and services, and commentary on demand in segments such as automotive electronics and high-density flash memory applications.
News items also cover strategic and operational developments, including the Unified Programming Platform Strategy, cybersecurity incident updates, and executive appointments such as the naming of a Chief Financial Officer. Together, these updates provide context on how Data I/O positions its programming and security deployment solutions across global electronics supply chains. For ongoing insight into DAIO, readers can return to this page to review the sequence of official announcements and third-party news about the company.
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Data I/O Corporation (NASDAQ: DAIO) has scheduled a conference call for April 27, 2023, at 2 p.m. PT to discuss its financial results for Q1 2023, ending March 31. The company will release earnings after market close on the same day. Interested parties can join the call by dialing 412-317-5788, and a replay will be available until May 11, 2023. Additionally, the conference call will be webcast on the Data I/O website. Founded in 1972, Data I/O offers advanced data and security deployment solutions for various electronic devices, enhancing the global electronics supply chain. The company emphasizes innovative technology to secure and program electronic devices from initial design to deployment, catering to industries such as automotive, IoT, and consumer electronics.
Data I/O Corporation (NASDAQ: DAIO) announced participation in the Electric Vehicle & Auto Tech Virtual Conference on March 30, 2023. CEO Anthony Ambrose will present and conduct 1:1 meetings with institutional investors. The company anticipates growth due to the rise in electric vehicle adoption and new technological advancements. Recent podcasts featuring Ambrose discuss the company’s progress in automotive technology and secure embedded programming designs. Data I/O has developed solutions for automotive, IoT, and other sectors since 1972, focusing on security in the electronics supply chain.
Data I/O Corporation (NASDAQ: DAIO) announces a partnership with Nuvoton Technology Corporation Japan to support the M2354 Series IoT Security Microcontroller using the SentriX security deployment platform. This collaboration aims to simplify IoT device security deployment for OEMs by providing pre-configured security profiles via the SentriX Product Creator tool. The M2354 Series features high-security capabilities, essential for demanding IoT solutions. The pre-defined use cases will be available globally through service providers by Q3 2023, enhancing the ease of integrating security for OEMs in various applications.
Data I/O Corporation (NASDAQ: DAIO) released its financial results for the fourth quarter of 2022, reporting net sales of $7.3 million, up 14% year-over-year. Bookings reached $6.8 million, the highest for a fourth quarter since 2019, with a backlog of $4.8 million. The company achieved a gross margin of 55.5% and net income of $510,000, or $0.06 per diluted share. For the full year, 2022 net sales totaled $24.2 million, a decrease of 6% from 2021. The company highlighted strong performance in automotive electronics, with 61% of bookings for the year, and expects double-digit bookings growth in 2023.
Data I/O Corporation (NASDAQ: DAIO) has expanded its services in Japan through its exclusive sales partner, Noa Leading Co., Ltd. The partnership introduces the SentriX Deployment Platform, which enables OEMs to implement security provisioning for IoT devices. This capability addresses the growing demand for secure products in the IoT market, allowing manufacturers to define security profiles at the chip level before production. The service is effective immediately and enhances Noa Leading's established programming services, leveraging their existing infrastructure to deliver scalable and cost-effective solutions to OEMs of all sizes.