Data I/O Reports First Quarter 2024 Results
Data I/O Corporation (DAIO)
US:NASDAQ Investor Relations:
dataio.com/company/investor-relations/data-i-o-profile
Company Research
Source: Business Wire
Bookings Momentum Continues with Orders of $8.1 Million in the QuarterMajor Milestone with 500th PSV System Sale REDMOND, Wash.--(BUSINESS WIRE)--Data I/O Corporation (NASDAQ: DAIO), the leading global provider of advanced security and data deployment solutions for microcontrollers, security ICs and memory devices, today announced financial results for the first quarter ended March 31, 2024.First Quarter 2024 HighlightsNet sales of $6.1 million; bookings of $8.1 millionQuarter-end backlog of $4.5 millionGross margin as a percentage of sales of 52.8%Net loss of ($807,000) or ($0.09) per shareAdjusted EBITDA* of ($364,000)Cash & Equivalents of $12.0 million; no debt5 new customer winsAchieved major milestone with the sale of 500th PSV system*Adjusted EBITDA is a non-GAAP financial measure. A reconciliation is provided in the tables of this press release.Management CommentsCommenting on the first quarter ended March 31, 2024, Anthony Ambrose, President and CEO of Data I/O Corporation,
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News
- Data I/O Co. (NASDAQ: DAIO) had its "buy" rating re-affirmed by analysts at Singular Research.MarketBeat
- Data I/O Reports First Quarter 2024 Results [Yahoo! Finance]Yahoo! Finance
- Data I/O to Announce First Quarter 2024 Financial Results on April 25, 2024Business Wire
- Data I/O Announces Major Milestone with 500th PSV System Sale Ahead of IPC APEX Expo [Yahoo! Finance]Yahoo! Finance
- Data I/O Announces Major Milestone with 500th PSV System Sale Ahead of IPC APEX ExpoBusiness Wire
DAIO
Analyst Actions
- 5/3/24 - Singular Research
DAIO
Sec Filings
- 5/2/24 - Form S-8
- 4/26/24 - Form 8-K
- 4/4/24 - Form ARS
- DAIO's page on the SEC website