earnings
confidence high
sentiment negative
materiality 0.70
Data I/O reports Q2 net loss $657k, sales down 40% to $4.8M, backlog record $5.8M
DATA I/O CORP
2022-Q2 EPS reported
-$0.29
revenue$9,734,000
- Net sales $4.8M (-40% YoY); net loss ($657k) or ($0.08) per share.
- Bookings $6.4M; record backlog $5.8M; gross margin 57.8% (up from 57% in Q2 2021).
- China operations resumed; cleared Q1 systems backlog; lead times back to normal.
- Cash $10.3M, no debt; working capital $15.9M.
- Automotive 55% of bookings; 6 new customer wins; SentriX customer moving to volume production.