Data I.O. Stock Price, News & Analysis

Data I/O Corporation (NASDAQ: DAIO) announced its participation in the DA Davidson Semicap, Laser and Optical Conference on December 15, 2021. The company's management will conduct virtual 1:1 meetings throughout the event. Presentation materials will be available on the company's Investor Relations website on the morning of the conference. Interested investors can contact their DA Davidson representatives or Jordan Darrow of Darrow Associates for inquiries. Data I/O has been providing advanced security and data deployment solutions for electronic devices since 1972.

Data I/O Corporation (NASDAQ: DAIO) announced it received the 2021 Global Technology Award for its SentriX Product Creator™ tool suite, enhancing security deployment for IoT and automotive markets. Recognized during the productronica trade show in Munich on November 16, 2021, this award underscores the company’s innovation in simplifying security for OEMs. The SentriX Product Creator provides pre-configured security profiles, streamlining device security management for mass production and lowering complexity for manufacturers.

Data I/O Corporation (NASDAQ: DAIO) reported a 13% increase in third-quarter 2021 revenues, reaching $6.7 million, driven by automotive electronics demand. Despite a quarterly booking decrease to $5.0 million, year-to-date bookings rose 30% to $19.2 million. Gross margin improved to 60.7%, with adjusted EBITDA at $564,000. The net income was $12,000, a recovery from a $707,000 loss the previous year. Cash reserves rose to $14.2 million, and the backlog was $3.3 million. Management expressed optimism about long-term growth in automotive electronics.

Data I/O Corporation (NASDAQ: DAIO) has scheduled a conference call for October 28, 2021, to discuss its financial results for the third quarter ending September 30, 2021. The call will take place at 2 p.m. PT / 5 p.m. ET, following the release of financial results after market closure. Interested parties can join by calling 412-317-5788 or accessing the webcast on the company's website. Data I/O, established in 1972, is a leader in providing advanced data and security solutions for microcontrollers and memory devices.

Data I/O Corporation (NASDAQ: DAIO) reported strong financial results for Q2 2021, achieving net sales of $6.7 million, a 45% increase year-over-year. Bookings surged to $8.9 million, marking a 79% growth, with a backlog of $5.0 million. Gross margin improved to 57%, while the company recorded a net loss of $29,000, significantly less than the $1.06 million loss a year earlier. Adjusted EBITDA reached $597,000, a notable recovery from the previous loss. Cash reserves stood at $13 million, with zero debt, showcasing a robust financial position despite ongoing supply chain challenges.

Data I/O Corporation (NASDAQ: DAIO) announced a conference call scheduled for July 29, 2021, at 2 p.m. PT to discuss its financial results for the second quarter ending June 30, 2021. The financial results will be released after market hours the same day. Interested parties can listen via phone or a webcast available on the Data I/O website. The conference call will provide insights into the company's performance and future outlook, crucial for investors.

Data I/O Corporation (NASDAQ: DAIO) has been added to the Russell Microcap Index, effective June 29, 2021, as part of the annual Russell index reconstitution. This inclusion provides automatic membership in relevant growth and value indexes and highlights the company's resilience following the COVID-19 pandemic. CEO Anthony Ambrose expressed pride in this achievement, emphasizing the growth in indexed assets and market capitalization required for inclusion. The Russell indexes are utilized by investment managers globally, with approximately $9 trillion benchmarked against them.

Data I/O Corporation (NASDAQ: DAIO) reported a strong first quarter for 2021, achieving net sales of $6.0 million, a 26% increase from $4.8 million in Q1 2020, driven by heightened demand in automotive electronics. The company recorded a net loss of $333,000 or $0.04 per share, an improvement over the prior year’s loss of $554,000. Gross margins stood at 55.5%. The firm secured six new customers in Asia, further bolstering its growth trajectory. Cash reserves totaled $13.6 million with no debt, positioning Data I/O favorably for future expansion.

Data I/O Corporation (NASDAQ: DAIO) has announced a conference call to discuss its financial results for Q1 2021, scheduled for April 29, 2021, at 2 p.m. PT. The results will be released after market closure on the same day. Data I/O has been a leader in data and security deployment solutions since 1972, supporting various sectors including automotive and IoT. The company emphasizes its commitment to innovation and reliability, backed by a global support network.