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.
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.
Data I/O Corporation (NASDAQ: DAIO) announced a series of monthly interviews with CEO Anthony Ambrose, starting from June 15, 2022, celebrating the company's upcoming 50th anniversary. The interviews will cover vital topics like semiconductor trends and supply chain management, streamed online for public access. The series features notable guest hosts from prominent financial firms. These discussions aim to enhance transparency and investor engagement while sharing insights on Data I/O's innovative technologies and market positioning in the electronics sector.
Data I/O Corporation (NASDAQ: DAIO) announced its participation in the LD Micro Invitational XII Conference from June 7-9, 2022, at the Four Seasons Hotel in Los Angeles, CA. Management will present on June 8 at 11:30 am PT and hold 1:1 investor meetings. Key discussion topics include data programming technology growth, particularly in the automotive sector, effective supply chain strategies, and updates on its Shanghai manufacturing. Presentation materials will be available on the Company’s website on the morning of June 8.
Data I/O Corporation (NASDAQ: DAIO) reported Q1 2022 financial results, with net sales of $5.0 million, down 17% year-over-year. Bookings remained strong at $6.2 million, matching the previous quarter. The backlog increased to $4.1 million. The company's gross margin dropped to 46.4% due to lower sales volume, resulting in a net loss of $1.8 million ($0.21 per share). Key challenges included delays in shipments worth approximately $1 million caused by COVID-19 restrictions in China and the impact of the Russia-Ukraine conflict. The cash position stood at $12.3 million with no debt.
Data I/O Corporation has partnered with NXP Semiconductors and Avnet Silica to support the LPC55S6x series microcontroller using its SentriX security deployment platform. This collaboration allows OEMs to enhance IoT security for mass-market edge devices, facilitating simpler deployment and reducing costs. SentriX Product Creator provides easy-to-use security profiles, streamlining the production process for OEMs. The SentriX platform aims to improve security for software, services, and intellectual property, ultimately supporting new business models in IoT applications.
Data I/O Corporation (NASDAQ: DAIO) has scheduled a conference call for April 28, 2022, at 2 p.m. PT to discuss its financial results for Q1 ended March 31, 2022. The financial results will be released after market close on the same day. Investors can listen to the call by dialing 412-317-5788 or access the webcast via the Data I/O website. The call will be available for replay until May 12, 2022. The company specializes in advanced data and security deployment solutions for various electronic devices, with a commitment to supporting its customers through innovative solutions and a global network of professionals.
Data I/O Corporation (NASDAQ: DAIO) reports operational challenges due to COVID-19 outbreaks in China and the invasion of Ukraine. The Shanghai facility will be closed from March 29 to April 5, causing $1 million in revenue shipments to be delayed until Q2. Remote work protocols are in place, but employee absences are impacting operations. The company has no operations in Ukraine or Russia and remains compliant with trade regulations. Financial results for Q1 2022 will be announced on April 28, 2022.