Data I/o Corp (DAIO) Reports Q1 Loss of $0.02
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Data I/O Reports First Quarter 2016 Results
April 28, 2016 4:09 PM EDTREDMOND, WA -- (Marketwired) -- 04/28/16 -- Data I/O Corporation (NASDAQ: DAIO), the leading global provider of advanced programming and IP management solutions for flash, flash-memory based intelligent devices and microcontrollers, today announced financial results for the first quarter ended March 31, 2016.
First Quarter 2016 Highlights
Net sales of $4.6 million and total bookings of $5.9 million Gross margin of 54.8%, up from 48.4% last year Net loss of ($168,000), or ($0.02) per share Adjusted EBITDA, excluding equity compensation, of $44,000 Automotive electronics orders were over 50% of Q1 bookings Backlog of $2.0... More