UPDATE: Data I/O Corp (DAIO) Reports Q4 EPS of $0.04

(Updated - February 26, 2015 4:16 PM EST)

Data I/O Corp (NASDAQ: DAIO) reported Q4 EPS of $0.04, versus ($0.21) reported last year. Revenue for the quarter came in at $5.3 million versus $3.33 million last year.

"I am pleased to report a return to full-year profitability in 2014. The positive momentum we experienced throughout 2014 continued in the fourth quarter, driven by strong demand for our PSV7000 programming system," stated Anthony Ambrose, President and CEO. "The PSV7000 has exceeded our expectations since we launched the system in September 2013 and has helped us secure eight of the top nine automotive electronics companies as customers. The PSV7000 is uniquely positioned for the automotive industry as the system combines high throughput, fast changeover and extreme flexibility, which allows manufacturers to use one PSV7000 to program what previously required multiple systems to produce. We expect continued strength in the automotive market throughout 2015 as manufacturers continue to develop increasingly sophisticated infotainment and instrument cluster applications."

For earnings history and earnings-related data on Data I/O Corp (DAIO) click here.

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