Data I/o Corp (DAIO) Misses Q2 EPS by 4c
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August 4, 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 second quarter ended June 30, 2020.
Second Quarter 2020 Highlights
Net sales of $4.7 million; bookings of $5.0 million
Gross margin as a percentage of sales of 52.4 %
Net loss of ($1,057,000) or ($0.13) per share
Adjusted earnings before interest, taxes, depreciation and amortization (EBITDA)*, excluding equity compensation, of ($231,000)
Cash & Equivalents of $13.3 million; no debt
Automotive electronics, advanced...
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