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Data I/O Corp - DAIO STOCK NEWS

Welcome to our dedicated page for Data I/O news (Ticker: DAIO), a resource for investors and traders seeking the latest updates and insights on Data I/O stock.

Data I/O Corp (DAIO) is the world’s leading global provider of advanced data and security programming solutions for flash-memory-based intelligent devices and microcontrollers. Established in 1972, Data I/O has been at the forefront of innovation, enabling the design and manufacture of electronic products across various industries including automotive, Internet-of-Things (IoT), medical, wireless, consumer electronics, and industrial controls.

Data I/O’s products are essential for the security provisioning and programming of devices, ensuring that these processes are reliable, secure, and cost-effective. Their programming systems and value-added software solutions help customers streamline their security provisioning and programming processes, meet specific quality and traceability requirements, and ensure devices are programmed at maximum speed with the highest quality.

The company is renowned for its relentless focus on quality, programming performance, and support, helping customers achieve excellence in their production processes. Data I/O’s solutions are used globally, with a significant geographic presence in the United States, Europe, and the rest of the world.

Recent achievements include advancements in their programming technology and partnerships with key players in the electronics industry. Current projects focus on enhancing security measures and supporting the latest innovations in IoT and automotive markets.

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Data I/O (NASDAQ: DAIO) announces the fifth installment of its fireside chat series with President and CEO, Anthony Ambrose, focusing on Onshoring/Near Shoring Trends & China-Plus 1. The interview highlights Data I/O's programming innovation, global presence, China-Plus 1 strategy impact, resilient supply chain, leadership in Automotive Electronics, and future growth catalysts.
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Data I/O Corporation (DAIO) announces the availability of its fourth fireside chat series interview focusing on Semiconductor Programming Growth Opportunities. The interview with President and CEO Anthony Ambrose discusses Data I/O's position in the semiconductor ecosystem, the growth of the semiconductor programming market, the demand for Automotive Electronics, the impact of electric vehicles on programming demand, software-defined vehicles, AI's growth in the semiconductor industry, and more.
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Data I/O Corporation (DAIO) reported a 16% revenue growth in 2023, reaching $28.1 million for the year. The company achieved net income of $486,000 and adjusted EBITDA of $2.3 million. Automotive Electronics accounted for 63% of bookings, with SentriX software revenues increasing by 150%. Data I/O aims for double-digit bookings growth in 2024, with gross margins expected in the mid-to-high 50% range.
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Data I/O Corporation (NASDAQ:DAIO) announced a conference call to discuss financial results for Q4 2023 on February 22, 2024. The call will be held at 2 p.m. Pacific Time/5 p.m. Eastern Time. Financial results will be released after the market closes on the same day. The call will be available for replay until March 7, 2024, and will also be webcast over the Internet.
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Data I/O Corporation (DAIO) has announced preliminary financial results for the fourth quarter and full year ended December 31, 2023, revealing a 16% revenue growth. The company also disclosed plans for a non-deal roadshow with WestPark Capital, Inc. and participation in the A.G.P. Virtual Technology Conference. The preliminary results include net sales of $6.8 million and bookings of $7.2 million for the quarter, as well as net sales of $28 million for the year. The automotive electronics market represented 63% of the company's bookings, with 23 new customer wins in 2023. CEO Anthony Ambrose expressed optimism about the company's performance and long-term potential in the automotive electronics market, expecting to share the company's growth catalysts with investors in the upcoming events.
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Data I/O Corporation (NASDAQ: DAIO) announced the availability of the third installment of its 2023/2024 fireside chat series of interviews with its President and CEO, Anthony Ambrose, and its Chief Technology Officer, Rajeev Gulati. The discussion focused on the Company’s technological advancements that position it for AI programming security requirements. The interview is being streamed for public viewing over the Internet and can be accessed via the Webcasts and Presentations section of the Data I/O Corporation website at www.dataio.com and on all the Company’s social media feeds. The interview covers topics such as historical technology transformations, forward investing, implications of technology transitions, demand shifts for Automotive Electronics and Electrification, and the opportunity for market share gains and new services from software, connected factory interface architecture advancements, and security for AI applications. The series will include interviews from October 2023 through April 2024, each hosted by respected investment community professionals, financial newsletter writers/influencers, and business consultants.
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Data I/O Corporation (DAIO) announced the availability of the second installment of its 2023/2024 fireside chat series of interviews with its President and CEO, Anthony Ambrose. The interview focused on automotive technology advancements and monetization impact, covering topics such as electrification of vehicles, growth trends, and the company's position as the premier automotive electronics programming partner. The series includes interviews from October 2023 through April 2024, featuring respected investment community professionals and business consultants.
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Data I/O Corporation (NASDAQ:DAIO) announced its participation in two upcoming investor conferences in December 2023. Anthony Ambrose, President and CEO, will be presenting at the Singular Research Best of the Uncovered Conference and the Investor Summit Group Q4 Virtual Conference. These events aim to connect the company with potential investors and will provide opportunities for networking and exposure. Investors can register for webinars and access the presentation used at the conferences on the company's website.
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Data I/O Corporation announces the availability of the initial installment of the 2023/2024 fireside chat series of interviews with its President and CEO, Anthony Ambrose, focusing on sustainability strategies for the auto industry. The interview can be accessed via the company's website and social media feeds. Mr. Ambrose discusses topics such as sustainability, carbon footprint neutrality, auto industry Code of Conduct, government regulations, diversity, and the global shift toward ESG principles.
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Data I/O Corporation reports revenue growth of 25% year-to-date despite challenging business conditions in the third quarter. Net sales for Q3 2023 were $6.6 million, bookings were $5.3 million, and gross margin as a percentage of sales was 53.7%. The company had a net loss of ($53,000) or ($0.01) per share. Adjusted EBITDA for Q3 was $402,000. Cash & Equivalents were $11.9 million with no debt. Automotive Electronics represented 63% of year-to-date bookings. The company added 4 new customers in Q3, including a major SentriX security provisioning customer in solar energy.
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FAQ

What is the current stock price of Data I/O (DAIO)?

The current stock price of Data I/O (DAIO) is $2.58 as of November 20, 2024.

What is the market cap of Data I/O (DAIO)?

The market cap of Data I/O (DAIO) is approximately 23.7M.

What does Data I/O Corp do?

Data I/O Corp provides advanced data and security programming solutions for flash-memory-based devices and microcontrollers.

When was Data I/O Corp founded?

Data I/O Corp was established in 1972.

Which industries does Data I/O Corp serve?

The company serves automotive, IoT, medical, wireless, consumer electronics, and industrial controls industries.

What are the core products of Data I/O Corp?

Core products include programming systems and value-added software solutions for secure provisioning and programming of electronic devices.

Where is Data I/O Corp headquartered?

Data I/O Corp has a significant geographic presence in the United States, Europe, and the rest of the world.

How does Data I/O Corp help its customers?

Data I/O helps customers by streamlining their security provisioning and programming processes, ensuring quality and traceability, and maximizing programming speed and quality.

What are some recent achievements of Data I/O Corp?

Recent achievements include advancements in programming technology and strategic partnerships within the electronics industry.

What are Data I/O Corp's current projects focused on?

Current projects focus on enhancing security measures and supporting innovations in IoT and automotive markets.

Why is Data I/O Corp considered a leader in its field?

Data I/O is considered a leader due to its innovative solutions, high-quality products, and strong focus on customer support and performance.

How does Data I/O Corp ensure the quality of its products?

The company ensures quality through rigorous performance standards, continuous innovation, and comprehensive customer support.

Data I/O Corp

Nasdaq:DAIO

DAIO Rankings

DAIO Stock Data

23.68M
8.37M
9.33%
34.31%
0.17%
Electronic Components
Instruments for Meas & Testing of Electricity & Elec Signals
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