Data I/o Corp (DAIO) Misses Q1 EPS by 1c, Revenues Miss

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Data I/O Reports First Quarter 2019 Results

April 25, 2019 4:00 PM EDT

REDMOND, Wash.--(BUSINESS WIRE)-- Data I/O Corporation (NASDAQ: DAIO), the leading global provider of advanced data and security programming solutions for flash, flash-memory based intelligent devices and microcontrollers, today announced financial results for the first quarter ended March 31, 2019.

First Quarter 2019 Highlights

Net sales of $6.1 million; bookings of $6.2 million Gross margin as a percentage of sales of 60.8% Net income of $26,000 or $0.00 diluted earnings per share Adjusted earnings before interest, taxes, depreciation and amortization (EBITDA)*, excluding equity compensation, of $476,000... More