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Data I.O. - DAIO STOCK NEWS

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Data I/O Corporation (NASDAQ: DAIO) is a globally recognized provider of advanced data programming and security provisioning solutions tailored for a wide range of industries. Founded in 1972, the company has established itself as a trusted partner for manufacturers of electronic products in sectors such as automotive electronics, Internet of Things (IoT), medical devices, industrial controls, consumer electronics, and wireless communication. Its innovative systems and software solutions enable customers to efficiently and securely program flash memory, microcontrollers, and intelligent devices, ensuring high-quality production while meeting stringent security and traceability requirements.

Core Business and Value Proposition

At the heart of Data I/O's operations is its commitment to delivering reliable, secure, and cost-effective programming solutions. The company designs and manufactures programming systems that integrate seamlessly into production workflows, allowing customers to streamline their processes and achieve maximum efficiency. Its value-added software solutions further enhance these systems by enabling advanced features such as security provisioning, quality assurance, and traceability. These capabilities are critical in industries where product reliability and data security are non-negotiable.

Industry Context and Market Relevance

Data I/O operates within the broader context of the rapidly evolving electronics manufacturing industry, which is characterized by increasing demand for connected devices and heightened security concerns. The proliferation of IoT devices, advancements in automotive technologies such as ADAS (Advanced Driver Assistance Systems), and the growing adoption of secure microcontrollers have created a pressing need for robust programming and security solutions. Data I/O addresses this need by providing systems that ensure devices are programmed at maximum speed with the highest quality, while also meeting specific security and traceability standards.

Key Differentiators and Competitive Position

Data I/O sets itself apart through its relentless focus on quality, performance, and customer support. Its programming systems are designed to handle complex security provisioning tasks, enabling customers to embed cryptographic keys, certificates, and other security elements directly into devices during production. This capability is particularly valuable in industries such as automotive and IoT, where secure communication and data integrity are paramount. Additionally, the company's solutions are known for their scalability and flexibility, allowing manufacturers to adapt to changing production requirements without compromising quality or efficiency.

Revenue Streams and Business Model

The company generates revenue primarily through the sale of its programming systems and value-added software solutions. These offerings are complemented by ongoing support and maintenance services, which help customers optimize their programming processes over time. By addressing both hardware and software needs, Data I/O creates a comprehensive ecosystem that supports its customers throughout the product lifecycle.

Commitment to Innovation

Data I/O's long-standing commitment to innovation is evident in its ability to adapt to emerging industry trends and technological advancements. The company's security provisioning solutions, for example, are designed to meet the growing demand for secure device programming in an increasingly interconnected world. By continuously enhancing its systems and software, Data I/O ensures that its customers can bring innovative new products to market with confidence.

Global Presence

Headquartered in the United States, Data I/O serves a diverse customer base across North America, Europe, and other regions. Its global reach enables the company to address the unique needs of manufacturers operating in different markets, while its localized support ensures a high level of customer satisfaction.

Conclusion

Data I/O Corporation stands as a key enabler in the electronics manufacturing industry, providing advanced programming and security solutions that empower manufacturers to produce high-quality, secure, and innovative products. With its deep expertise, robust product offerings, and unwavering commitment to customer success, the company continues to play a vital role in shaping the future of secure electronics production.

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.

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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.

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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.
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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.
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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.
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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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FAQ

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

The current stock price of Data I.O. (DAIO) is $2.81 as of February 28, 2025.

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

The market cap of Data I.O. (DAIO) is approximately 25.6M.

What does Data I/O Corporation specialize in?

Data I/O specializes in advanced programming and security provisioning solutions for flash memory, microcontrollers, and intelligent devices.

Which industries does Data I/O serve?

The company serves industries such as automotive electronics, IoT, medical devices, industrial controls, consumer electronics, and wireless communication.

How does Data I/O generate revenue?

Data I/O generates revenue through the sale of programming systems, value-added software solutions, and ongoing support and maintenance services.

What makes Data I/O's solutions unique?

Data I/O's solutions are known for their security provisioning capabilities, scalability, and ability to integrate seamlessly into production workflows.

Where is Data I/O headquartered?

Data I/O is headquartered in the United States and serves customers globally, including in North America and Europe.

What is security provisioning in electronics manufacturing?

Security provisioning involves embedding cryptographic keys, certificates, and other security elements into devices during production to ensure secure communication and data integrity.

How does Data I/O address quality and traceability requirements?

Data I/O's solutions enable manufacturers to meet stringent quality and traceability standards by integrating programming processes with production workflows.

What role does Data I/O play in the IoT industry?

Data I/O provides secure programming solutions that are critical for the reliable and secure operation of IoT devices in connected environments.
Data I.O.

Nasdaq:DAIO

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25.58M
8.37M
9.45%
33.86%
0.17%
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