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Stock impact report

Data I/O Reports Second Quarter 2018 Results

Data I/O Corporation (DAIO) 
Company Research Source: GlobeNewswire
REDMOND, Wash., July 26, 2018 (GLOBE NEWSWIRE) -- Data I/O Corporation (NASDAQ:DAIO), a leading global provider of advanced data programming and security provisioning solutions for flash-memory, flash based microcontrollers, secure elements and authentication ICs, today announced financial results for the second quarter ended June 30, 2018. Second Quarter 2018 Highlights • Net sales and bookings of $7.2 million• Gross margin as a percentage of sales of 59.0%• Net income of $486,000 or $0.06 diluted earnings per share• Adjusted earnings before interest, taxes, depreciation and amortization (EBITDA)*, excluding equity compensation, of $1.3 million• Cash/securities of $16.6 million at end of 2Q18.  No debt• Continued automotive electronics traction Automotive represented 56% of bookings year to date. • Momentum for SentriX Security Provisioning Platform Programming platform launched for Microchip Technology Inc. in collaboration with Secure Thingz (now a part of IAR Systems)Announ Show less Read more
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