Data I/O returns to profitability in Q3 2021; revenue up 13% YoY to $6.7M

DATA I/O CORP

2021-Q3 EPS reported -$0.04 revenue$19,478,000

Net sales $6.7M (+13% YoY); net income $12K ($0.00 EPS) vs net loss $707K in Q3 2020.
Adjusted EBITDA $564K vs $169K YoY; gross margin improved to 60.7% from 55.1%.
Backlog $3.3M; bookings $5.0M; automotive electronics represented 61% of bookings.
Cash $14.2M, no debt; net working capital $18.5M, up from $18.1M at year-end 2020.
SentriX security deployment platform received first capital equipment order with software license.

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