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Data I/O to Announce Third Quarter 2020 Financial Results on October 29, 2020

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Data I/O Corporation (NASDAQ: DAIO) has scheduled a conference call for October 29, 2020, at 2 p.m. PT to discuss its third-quarter financial results, which will be released after market close on the same day. The call will be accessible via phone or webcast, with a replay available for a limited time. Data I/O, founded in 1972, specializes in security deployment solutions for electronic devices across various industries, including automotive and IoT.

Positive
  • Scheduled conference call to discuss financial results indicates transparency
  • Established track record since 1972 in providing innovative solutions
Negative
  • No specific financial metrics or earnings guidance are provided
  • Uncertainties related to revenue recording and economic conditions due to coronavirus

REDMOND, Wash.--()--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 third quarter ended September 30, 2020, on Thursday, October 29, 2020. 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 November 12, 2020. To access the replay, please dial 412-317-0088, access code 10149037. The conference call will also be simultaneously webcast over the Internet; visit the News and Events 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. For more information, please visit www.dataio.com

Forward Looking Statement

Statements in this news release concerning economic outlook, coronavirus impact, 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. 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.

Contacts

Joel Hatlen
Chief Operating and Financial Officer
Data I/O Corporation
6645 185th Ave. NE, Suite 100
Redmond, WA 98052
(425) 881-6444

Darrow Associates, Inc.
Jordan Darrow
(512) 551-9296
jdarrow@darrowir.com

FAQ

When will Data I/O announce its third-quarter financial results?

Data I/O will announce its third-quarter financial results on October 29, 2020.

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

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

What is the significance of the upcoming conference call for DAIO stock?

The conference call will provide insights into DAIO's financial performance, which may impact stock valuation.

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