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Data I/O to Announce First Quarter 2023 Financial Results on April 27, 2023

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Data I/O Corporation (NASDAQ: DAIO) has scheduled a conference call for April 27, 2023, at 2 p.m. PT to discuss its financial results for Q1 2023, ending March 31. The company will release earnings after market close on the same day. Interested parties can join the call by dialing 412-317-5788, and a replay will be available until May 11, 2023. Additionally, the conference call will be webcast on the Data I/O website. Founded in 1972, Data I/O offers advanced data and security deployment solutions for various electronic devices, enhancing the global electronics supply chain. The company emphasizes innovative technology to secure and program electronic devices from initial design to deployment, catering to industries such as automotive, IoT, and consumer electronics.

Positive
  • Scheduled conference call for April 27, 2023, indicating transparency and communication.
  • Established company since 1972 with a strong focus on innovative electronic solutions.
Negative
  • Potential impact of semiconductor shortages and COVID-19 lockdowns on future revenue and operations.

REDMOND, Wash.--(BUSINESS WIRE)-- Data I/O Corporation (NASDAQ: DAIO), the leading global provider of advanced data and security deployment solutions for microcontrollers, security ICs and memory devices, today announced that it has scheduled a conference call to discuss financial results for the first quarter ended March 31, 2023, on Thursday, April 27, 2023. 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 412-317-5788. A replay will be made available approximately one hour after the conclusion of the call and will remain available until May 11, 2023. To access the replay, please dial 412-317-0088, access code 4646317. 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 electronics devices. Today, our customers use Data I/O’s data programming solutions and security deployment platform to secure the global electronics supply chain and protect IoT device intellectual property from point of inception to deployment in the field. OEMs of any size can program and securely provision devices from early samples all the way to high volume production prior to shipping semiconductor devices to a manufacturing line. Data I/O enables customers to reliably, securely, and cost-effectively bring innovative new products to life. These solutions are backed by a portfolio of patents and 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, semiconductor chip shortages, supply chain expectations, 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 Shanghai’s COVID-19 lockdowns, 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, and the Russian invasion of Ukraine including any related international trade restrictions. These factors include uncertainties as to the ability to record revenues based upon the timing of product deliveries, shipping availability, installations and acceptance, accrual of expenses, coronavirus related business interruptions, changes in economic conditions, part shortages and other risks including those described in the Company's filings on Forms 10-K and 10-Q with the Securities and Exchange Commission (SEC), press releases and other communications.

Joel Hatlen

Chief Operating and Financial Officer

Data I/O Corporation

Darrow Associates, Inc.

Jordan Darrow

(512) 551-9296

jdarrow@darrowir.com

Source: Data I/O Corporation

FAQ

When will Data I/O Corporation announce its Q1 2023 financial results?

Data I/O Corporation will announce its Q1 2023 financial results on April 27, 2023, after the market closes.

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

The conference call is scheduled for 2 p.m. Pacific Time on April 27, 2023.

How can I listen to the Data I/O conference call?

You can listen to the conference call by dialing 412-317-5788 or by visiting the Data I/O website for a live webcast.

What are the main industries Data I/O Corporation serves?

Data I/O Corporation serves industries such as automotive, Internet-of-Things (IoT), medical, wireless, consumer electronics, and industrial controls.

Data I/O Corp

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