STOCK TITAN

Data I.O. - 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) delivers mission-critical programming solutions for secure electronics manufacturing across automotive, IoT, and industrial sectors. This news hub provides investors and industry professionals with centralized access to the company's latest developments and strategic milestones.

Track official press releases covering product innovations, financial results, and partnership announcements. Our curated collection includes updates on security provisioning advancements, manufacturing process optimizations, and global market expansions relevant to DAIO's operations.

Key content categories include quarterly earnings disclosures, technology patent updates, executive leadership changes, and industry recognition announcements. All materials are sourced directly from company communications to ensure accuracy and timeliness.

Bookmark this page for streamlined monitoring of DAIO's progress in flash memory programming and microcontroller security solutions. Regularly updated content supports informed decision-making for stakeholders tracking electronics manufacturing innovation.

Rhea-AI Summary

Data I/O (NASDAQ: DAIO) has announced a CEO transition plan, with industry veteran Bill Wentworth set to become President and CEO. Wentworth, currently a board member, will assume the role of President on September 1, 2024, and CEO on October 1, 2024, replacing Anthony Ambrose. With over 35 years of industry experience, Wentworth brings valuable insights as a former Data I/O customer and successful business leader. He aims to capitalize on the company's strengths, generate growth, add new revenue streams, and explore organic and inorganic opportunities. The transition plan includes Ambrose assisting during the transition period and remaining available as a consultant for 12 months.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.79%
Tags
none
-
Rhea-AI Summary

Data I/O (NASDAQ: DAIO) reported its Q2 2024 financial results, showing mixed performance. Net sales decreased 32% to $5.1 million, while bookings reached $5.6 million. The company reported a net loss of ($797,000) or ($0.09) per share. Despite market softness, Data I/O saw higher bookings in H1 2024 and gained 8 new customers. The company implemented significant operating expense reductions and improved direct product costs. Gross margin as a percentage of sales was 54.5%. Data I/O ended the quarter with $11.4 million in cash and no debt. The company repatriated $3.4 million from its China subsidiary, incurring a dividend withholding tax of $337,000.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.3%
Tags
-
Rhea-AI Summary

Data I/O (NASDAQ:DAIO), a leader in security and data deployment solutions, will announce its Q2 2024 financial results on July 25, 2024. The results cover the quarter ended June 30, 2024. A conference call discussing the results is scheduled for 2 p.m. Pacific Time/5 p.m. Eastern Time, the same day.

Financial results will be released after the market closes. To listen to the call, dial 412-317-5788. A replay will be available until August 8, 2024, by dialing 412-317-0088, using access code 1486982. The call will also be webcast on Data I/O's website, with a replay available approximately one hour post-call.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.77%
Tags
Rhea-AI Summary

Data I/O (NASDAQ:DAIO) announced its participation in the iAccess Alpha Buyside Best Ideas Summer Conference 2024, scheduled for June 25 and 26. The event will feature a presentation by President and CEO Anthony Ambrose at 11:00 a.m. ET on June 25, followed by one-on-one meetings on June 26. This virtual conference, organized by iAccess Alpha, allows companies to connect with investors through webcasts and personalized meetings. Attendees can register and schedule meetings via the conference website. The presentation will be webcast live and available for replay.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.08%
Tags
conferences
-
Rhea-AI Summary

Data I/O (NASDAQ: DAIO) announced the availability of the final installment of its fireside chat series with President and CEO Anthony Ambrose, focusing on Smart Factory Industrial Applications. The interview, hosted by Avi Fisher of Long Cast Advisors, highlights Data I/O's presence in the Industrial Automation market, the importance of programming data in smart factories, the growth in real-time capabilities, and the role of ConneX Software and Edge AI in factory integration.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.06%
Tags
none
-
Rhea-AI Summary
Data I/O (NASDAQ: DAIO) reported strong financial results for the first quarter of 2024, with net sales of $6.1 million and bookings of $8.1 million. The company achieved a major milestone with the sale of its 500th PSV system. Despite a net loss of ($807,000), Data I/O remains debt-free with cash and equivalents of $12.0 million. The company focuses on growth in Automotive, Industrial, and Programming Center markets, with a strong backlog of $4.5 million at the end of the quarter.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-11.55%
Tags
Rhea-AI Summary
Data I/O (DAIO) schedules conference call to discuss Q1 financial results on April 25, 2024. The call will be held at 2 p.m. PT/5 p.m. ET. Financial results will be released after market close. Replay available until May 9, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.05%
Tags
-
Rhea-AI Summary
Data I/O achieves a milestone with the sale of the 500th PSV automated programming system, highlighting its leadership in programming technology. The PSV family is recognized as the most successful automated programming system in the industry, catering to automotive, industrial, and consumer markets. Demonstrations of the PSV family will be available at the IPC APEX Expo, showcasing the company's continuous innovation and commitment to meeting evolving programming requirements.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.51%
Tags
none
-
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.15%
Tags
none
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.25%
Tags
none
Data I.O.

Nasdaq:DAIO

DAIO Rankings

DAIO Stock Data

18.34M
8.49M
9.39%
34%
0.11%
Electronic Components
Instruments for Meas & Testing of Electricity & Elec Signals
Link
United States
REDMOND