Data I/o Corp (DAIO) Reports Q2 EPS of $0.06

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Data I/O Reports Second Quarter 2016 Results

July 28, 2016 4:08 PM EDT

REDMOND, WA -- (Marketwired) -- 07/28/16 -- Data I/O Corporation (NASDAQ: DAIO), the leading global provider of advanced programming and IP management solutions for flash-memory, flash based microcontrollers and other intelligent devices, today announced financial results for the second quarter ended June 30, 2016.

Second Quarter 2016 Highlights (on year-over-year basis unless noted)

Net sales of $5.8 million, up 17% from $5.0 millionTotal bookings of $5.7 million, up 13% from $5.1 millionGross margin of $3.1 million, up 13% from $2.7 millionNet income of $444,000, up from $100,000Earnings per diluted share of $0.06, up from... More