Data I/o ( (DAIO) ) has released its Q1 earnings. Here is a breakdown of the information Data I/o presented to its investors.
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Data I/O Corporation, a leader in programming and security solutions for electronics manufacturing, operates globally with facilities in the United States and China. The company is known for its advanced programming systems used in the production of flash memory and microcontroller devices.
In its latest earnings report for the first quarter of 2025, Data I/O Corporation reported a slight increase in net sales to $6.2 million, up from $6.1 million in the same period last year. The company also noted improvements in revenue, net income, and EBITDA, driven by operational efficiencies and a streamlined cost structure.
Key financial highlights include a gross margin of 51.6%, a slight decrease from the previous year, and a net loss of $382,000, which is an improvement from a loss of $807,000 in the first quarter of 2024. The company experienced strong sales in the Americas and Europe, although sales in Asia declined due to trade uncertainties. Additionally, the company reported a backlog of $2.9 million and deferred revenue of $1.5 million.
Looking ahead, Data I/O Corporation remains focused on expanding its market reach and diversifying its end markets beyond the automotive sector. The company is also enhancing its supply chain resilience with dual manufacturing capabilities and exploring additional manufacturing locations in Europe.
Overall, Data I/O Corporation is cautiously optimistic about its growth prospects, despite the challenging economic environment and ongoing trade uncertainties. The company continues to prioritize innovation and value proposition improvements to drive sustainable growth.