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 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.
Data I/O Corporation (NASDAQ: DAIO) reported its fourth-quarter and full-year 2020 financial results, indicating a challenging year. Q4 net sales were $4.9 million, down from $5.9 million in Q4 2019, while full-year sales totaled $20.3 million, a 6% decline from $21.6 million in 2019. The company recorded a net loss of $1.6 million in Q4 and $4.0 million for the year. Despite this, bookings grew in Q4, reaching $6.0 million. Data I/O ended 2020 with $14.2 million in cash and no debt. Management anticipates improved performance in 2021, supported by a robust automotive electronics market.
Data I/O Corporation (NASDAQ: DAIO) has announced a conference call scheduled for February 25, 2021, to discuss its financial results for Q4 2020. The call will take place at 2 p.m. PT / 5 p.m. ET, with results released after market close. Investors can listen via phone or on the company’s website. Data I/O specializes in data and security deployment solutions for electronic products across various industries, including automotive and IoT. The company emphasizes its commitment to reliable and cost-effective solutions backed by significant support.
Data I/O Corporation (NASDAQ: DAIO) has partnered with NXP Semiconductors to enhance IoT security with their SentriX security deployment as-a-Service. This collaboration simplifies the deployment of the EdgeLock SE050 secure element for OEMs, offering pre-configured security deployment profiles to streamline the development of secure connected devices. The SentriX Product Creator enables customizable solutions that improve security at the production scale, catering to both low and high-volume orders.
Data I/O Corporation (NASDAQ: DAIO) has partnered with Infineon Technologies to enhance IoT security through their SentriX® security deployment platform. This collaboration aims to simplify the development and deployment of security for original equipment manufacturers (OEMs) utilizing Infineon's OPTIGA™ TPM. The SentriX Product Creator tool streamlines security deployment, offering customizable profiles for various IoT applications. This collaboration caters to the increasing demand for secure IoT devices across industries, including automotive and consumer products, emphasizing the importance of hardware-based security.
Data I/O Corporation (NASDAQ: DAIO), a leader in security and data deployment solutions, announced its participation in two upcoming virtual investor conferences. The Imperial Capital 17th Annual Security Investor Conference is scheduled for December 2-3, 2020, while the Needham 23rd Annual Virtual Growth Conference will occur on January 11, 2021. Investors interested in meetings can contact Jordan Darrow of Darrow Associates. Presentation materials will be available on the company’s website before each conference.
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