NASDAQ:DAIO

Data I/O Set to Join Russell Microcap Index

Retrieved on: 
Thursday, May 25, 2023

Data I/O Corporation (NASDAQ: DAIO), the leading global provider of advanced security and data deployment solutions for microcontrollers, security ICs and memory devices, today announced it is set to join the Russell Microcap® Index at the conclusion of the 2023 Russell indexes annual reconstitution, effective after the US market closes on June 23rd, according to a preliminary list of additions posted May 19.

Key Points: 
  • Data I/O Corporation (NASDAQ: DAIO), the leading global provider of advanced security and data deployment solutions for microcontrollers, security ICs and memory devices, today announced it is set to join the Russell Microcap® Index at the conclusion of the 2023 Russell indexes annual reconstitution, effective after the US market closes on June 23rd, according to a preliminary list of additions posted May 19.
  • Membership in the Russell Microcap Index, which remains in place for one year, results in automatic inclusion in any growth and value style funds or other portfolios modeled after the index.
  • FTSE Russell determines membership for its Russell indexes primarily by objective, market-capitalization rankings, and style attributes.
  • Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies.

Data I/O Announces Upcoming Investor Conferences

Retrieved on: 
Tuesday, May 23, 2023

Data I/O Corporation (NASDAQ: DAIO), the leading global provider of advanced security and data deployment solutions for microcontrollers, security ICs and memory devices, today announced that it will be participating in two upcoming investor conferences.

Key Points: 
  • Data I/O Corporation (NASDAQ: DAIO), the leading global provider of advanced security and data deployment solutions for microcontrollers, security ICs and memory devices, today announced that it will be participating in two upcoming investor conferences.
  • Anthony Ambrose, Data I/O President and CEO, will be participating at both conferences.
  • Data I/O management will be available for investor meetings from 10:00 am to 5:35 pm eastern time.
  • Please visit the Company’s Webcasts and Presentations section of the Data I/O Corporation website at www.dataio.com to access a copy of the presentation used at the conferences.

Data I/O Reports First Quarter 2023 Results

Retrieved on: 
Thursday, April 27, 2023

Data I/O Corporation (NASDAQ: DAIO), the leading global provider of advanced security and data deployment solutions for microcontrollers, security ICs and memory devices, today announced financial results for the first quarter ended March 31, 2023.

Key Points: 
  • Data I/O Corporation (NASDAQ: DAIO), the leading global provider of advanced security and data deployment solutions for microcontrollers, security ICs and memory devices, today announced financial results for the first quarter ended March 31, 2023.
  • For 2023, we believe Data I/O is on track for double digit annual revenue growth, increased net income and cash flow generation.”
    Data I/O’s financial results featured strong revenues, gross margin, and profitability for the first quarter 2023.
  • Net sales in the first quarter 2023 were $7.2 million, up 46% as compared with $5.0 million in the first quarter 2022.
  • Revenues in the first quarter 2023 benefited from the impact of the US dollar declining against foreign currencies during the quarter.

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

Retrieved on: 
Thursday, April 13, 2023

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.

Key Points: 
  • 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.
  • Data I/O Corporation will release the company's financial results after the market closes that same day.
  • A replay will be made available approximately one hour after the conclusion of the call and will remain available until May 11, 2023.
  • 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.

Data I/O to Participate in the Electric Vehicle & Auto Tech Virtual Conference Presented by Maxim Group on Thursday, March 30, at 11:00 A.M. ET

Retrieved on: 
Thursday, March 23, 2023

In addition to the presentation, Anthony Ambrose, Data I/O President and CEO, will be available for 1:1 meetings with institutional investors.

Key Points: 
  • In addition to the presentation, Anthony Ambrose, Data I/O President and CEO, will be available for 1:1 meetings with institutional investors.
  • According to Maxim Group, ongoing adoption of electric vehicles, more technology in automobiles, and lighter and more efficient batteries can create opportunities for companies in many sectors.
  • Executives involved in different parts of the electric vehicle and auto tech markets will discuss future opportunities and sector changes during the Maxim conference.
  • “I am excited to present at the Maxim Electric Vehicle & Auto Tech conference,” said Mr. Ambrose.

Data I/O Announces Partnership with Nuvoton Technology Corporation Japan to Enable Security Deployment Services on the SentriX Platform for M2354 Series Microcontroller Devices

Retrieved on: 
Monday, March 13, 2023

Data I/O Corporation (NASDAQ: DAIO), the leading global provider of advanced security and data deployment solutions for microcontrollers, security ICs and memory devices, and Nuvoton Technology Corporation Japan partner to enable security deployment services for Nuvoton’s M2354 Series based IoT Security Microcontroller (MCU) series using Data I/O’s SentriX® security deployment platform.

Key Points: 
  • Data I/O Corporation (NASDAQ: DAIO), the leading global provider of advanced security and data deployment solutions for microcontrollers, security ICs and memory devices, and Nuvoton Technology Corporation Japan partner to enable security deployment services for Nuvoton’s M2354 Series based IoT Security Microcontroller (MCU) series using Data I/O’s SentriX® security deployment platform.
  • New connected device-based revenue models require trusted data and trusted devices to enable data-driven services and to protect physical systems.
  • Nuvoton and Data I/O are partnering to enable security deployment services starting with Nuvoton M2354 Series support.
  • “The SentriX security deployment platform enables OEMs to easily define security profiles and provision M2354 Series at the chip level before the device goes to the manufacturing line for board assembly.

Data I/O Reports Fourth Quarter 2022 Results

Retrieved on: 
Thursday, February 23, 2023

For the fifth consecutive quarter, we achieved bookings in excess of $6.0 million, with fourth quarter 2022 bookings of $6.8 million reaching the highest level for the fourth quarter since 2019.

Key Points: 
  • For the fifth consecutive quarter, we achieved bookings in excess of $6.0 million, with fourth quarter 2022 bookings of $6.8 million reaching the highest level for the fourth quarter since 2019.
  • Fourth quarter 2022 bookings were $6.8 million, up from $6.2 million in the fourth quarter 2021.
  • R&D expenses were $1.5 million in the fourth quarter of 2022 compared to $1.6 million in the fourth quarter of the prior year.
  • Included in net loss are foreign currency transaction losses of ($156,000) for the fourth quarter of 2022 and ($138,000) for the fourth quarter of 2021.

Data I/O Announces New SentriX Security Provisioning Services in Japan Through Noa Leading Co., Ltd

Retrieved on: 
Tuesday, February 21, 2023

Data I/O Corporation (NASDAQ: DAIO), the leading global provider of advanced security and data deployment solutions for security ICs, microcontrollers and memory devices, announces Noa Leading Co., Ltd will offer SentriX® security provisioning services in Japan.

Key Points: 
  • Data I/O Corporation (NASDAQ: DAIO), the leading global provider of advanced security and data deployment solutions for security ICs, microcontrollers and memory devices, announces Noa Leading Co., Ltd will offer SentriX® security provisioning services in Japan.
  • Noa Leading Co. is Data I/O’s exclusive sales distribution partner in Japan and is an established supplier of programming services to the Japan market.
  • Data I/O is excited to work with Noa Leading to establish the first SentriX security provisioning service in Japan,” states Anthony Ambrose, president and CEO of Data I/O Corporation.
  • Noa Leading is well positioned to represent Data I/O in Japan’s electronics market.”
    “Over the past 8 years Noa Leading Co., Ltd. has successfully programmed millions of devices through our programming service utilizing PSV7000 systems from Data I/O,” states Shosei Tamayama, president and CEO of Noa Leading Co., Ltd. “Noa Leading is excited to expand our data programming service to offer security provisioning to our Japanese customers.

Data I/O to Announce Fourth Quarter 2022 Financial Results on February 23, 2023

Retrieved on: 
Thursday, February 9, 2023

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 fourth quarter ended December 31, 2022, on Thursday, February 23, 2023.

Key Points: 
  • 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 fourth quarter ended December 31, 2022, on Thursday, February 23, 2023.
  • Data I/O Corporation will release the company's financial results after the market closes that same day.
  • A replay will be made available approximately one hour after the conclusion of the call and will remain available until March 9, 2023.
  • 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.

Data I/O to Demonstrate 64% Increase in Programming Performance on Lumen®X Programmers and Connected Factory Enablement with ConneX Software at IPC APEX Expo

Retrieved on: 
Tuesday, January 24, 2023

Data I/O Corporation (NASDAQ: DAIO), the leading global provider of advanced security and data deployment solutions for security ICs, microcontrollers and memory devices, will demonstrate significant performance improvements on the Lumen®X programming platform for automotive grade Universal Flash Memory (UFS) devices with VerifyBoost™ and the latest evolution of the ConneX Service software platform for connected factory enablement in booth number 1334 at the IPC APEX Expo in San Diego, California from January 24th-26th .

Key Points: 
  • Data I/O Corporation (NASDAQ: DAIO), the leading global provider of advanced security and data deployment solutions for security ICs, microcontrollers and memory devices, will demonstrate significant performance improvements on the Lumen®X programming platform for automotive grade Universal Flash Memory (UFS) devices with VerifyBoost™ and the latest evolution of the ConneX Service software platform for connected factory enablement in booth number 1334 at the IPC APEX Expo in San Diego, California from January 24th-26th .