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Stock impact report

Data I/O Reports First Quarter 2020 Results

Data I/O Corporation (DAIO) 
Company Research Source: Business Wire
REDMOND, Wash.--(BUSINESS WIRE)--Data I/O Corporation (NASDAQ: DAIO), the leading global provider of advanced data and security deployment solutions for flash, flash-memory based intelligent devices and microcontrollers, today announced financial results for the first quarter ended March 31, 2020.First Quarter 2020 HighlightsNet sales of $4.8 million; bookings of $4.3 millionGross margin as a percentage of sales of 58.2%Net loss of ($554,000) or ($0.07) per shareAdjusted earnings before interest, taxes, depreciation and amortization (EBITDA)*, excluding equity compensation, of ($110,000)Cash & Equivalents of $13.8 million; no debtAutomotive electronics, advanced programming and secure provisioning leadershipAutomotive Electronics represented 55% of first quarter 2020 bookingsNew distribution partnership with NOA Leading Co., Ltd. in JapanThree new automotive wins in the quarter in Asia, Americas and EuropeGrowth in SentriX® devices provisioned, device types supported, and design w Show less Read more
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