Data I/O to Announce First Quarter 2021 Financial Results on April 29, 2021

Rhea-AI Summary

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.

Positive

• Established leadership in data and security deployment solutions.
• Ongoing commitment to innovation since 1972.
• Strong global support network ensuring customer success.

Negative

• Forward-looking statements indicate potential risks due to COVID-19 impacts.
• Uncertainties regarding revenue recognition based on delivery timings.

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 that is has scheduled a conference call to discuss financial results for the first quarter ended March 31, 2021, on Thursday, April 29, 2021. Management will hold the conference call at 2 p.m. Pacific Time/5 p.m. Eastern Time. Data I/O Corporation will release the company's financial results after the market closes that same day.

To listen to the conference call, please dial 412-902-6510. A taped replay will be made available approximately one hour after the conclusion of the call and will remain available until May 13, 2021. To access the replay, please dial 412-317-0088, access code 10154472. The conference call will also be simultaneously webcast over the Internet; visit the Webcasts and Presentations section of the Data I/O Corporation website at www.dataio.com to access the call from the site. This webcast will be recorded and available for replay on the Data I/O Corporation website approximately one hour after the conclusion of the conference call.

About Data I/O

Since 1972 Data I/O has developed innovative solutions to enable the design and manufacture of electronic products for automotive, Internet of Things, medical, wireless, consumer electronics, industrial controls and other electronic devices. Today, our customers use Data I/O security deployment and programming solutions to reliably, securely, and cost-effectively bring innovative new products to life. These solutions are backed by a global network of Data I/O support and service professionals, ensuring success for our customers.

Learn more at dataio.com

Forward Looking Statement

Statements in this news release concerning economic outlook, expected revenue, expected margins, expected savings, expected results, orders, deliveries, backlog and financial positions, as well as any other statement that may be construed as a prediction of future performance or events are forward-looking statements which involve known and unknown risks, uncertainties and other factors which may cause actual results to differ materially from those expressed or implied by such statements. Forward-looking statement disclaimers also apply to the global COVID-19 pandemic, including the expected effects on the Company’s business from COVID-19, the duration and scope, impact on the demand for the Company’s products, and the pace of recovery for the COVID-19 pandemic to subside. These factors include uncertainties as to the ability to record revenues based upon the timing of product deliveries, installations and acceptance, accrual of expenses, coronavirus related business interruptions, changes in economic conditions and other risks including those described in the Company's filings on Forms 10K and 10Q with the Securities and Exchange Commission (SEC), press releases and other communications.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210415005064/en/

FAQ

When will Data I/O report its Q1 2021 financial results?

Data I/O will report its Q1 2021 financial results on April 29, 2021.

What time is the Data I/O conference call scheduled?

The conference call is scheduled for 2 p.m. Pacific Time on April 29, 2021.

How can I access the Data I/O conference call?

You can listen to the conference call by dialing 412-902-6510 or through a webcast on the Data I/O website.

What are the risks mentioned in Data I/O's press release?

The press release highlights potential risks related to COVID-19, delivery timing uncertainties, and economic conditions.

What has been Data I/O's market focus since 1972?

Data I/O has focused on providing solutions for sectors like automotive, IoT, medical, and consumer electronics.