Data I/o Corp (DAIO) Tops Q1 EPS by 9c

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Data I/O Reports First Quarter 2020 Results

April 30, 2020 4:05 PM EDT

REDMOND, Wash.--(BUSINESS WIRE)-- Data I/O Corporation (NASDAQ: DAIO), the leading global provider of advanced data and security deployment solutions for flash, flash-memory based intelligent devices and microcontrollers, today announced financial results for the first quarter ended March 31, 2020.

First Quarter 2020 Highlights

Net sales of $4.8 million; bookings of $4.3 million Gross margin as a percentage of sales of 58.2% Net loss of ($554,000) or ($0.07) per share Adjusted earnings before interest, taxes, depreciation and amortization (EBITDA)*, excluding equity compensation, of ($110,000) Cash & Equivalents of $13.8 million; no debt Automotive electronics,... More