Revenue Growth
Data I/O reported revenue of $6.2 million for Q1 2025, a 19% increase over the previous quarter and a slight increase from $6.1 million in Q1 2024.
Strong Performance in Americas and Europe
Revenue in the Americas and Europe grew by 32% and 44% respectively compared to the prior period.
Trade Show Success
The company reported its best trade show performance at APEX since 2013 with qualified leads up 39% and new contacts up 18% compared to 2024.
Operating Expense Reduction
Operating expenses decreased by $427,000 or 11% from Q4 2024 and by $515,000 or 12% from the prior year period.
Improved Net Loss
Net loss reduced to $382,000 in Q1 2025, compared to a loss of $1.2 million in Q4 2024 and $807,000 in the prior year period.
Stable Cash Position
Data I/O ended Q1 with $10.5 million in cash, up $159,000 from the end of 2024, and continues to have no debt.