Data I/O Q1 2025 net loss narrows to $0.04/sh on $6.2M revenue, sequential improvement

DATA I/O CORP

2025-Q1 EPS reported -$0.04 revenue$6,176,000

Net loss of $382K ($0.04 per share) vs $807K loss in Q1 2024; revenue $6.2M, up 1% YoY and 19% sequentially.
Adjusted EBITDA loss of $98K, improving from $(1.1M) in Q4 2024 and $(364K) in Q1 2024.
Gross margin 51.6%; operating expenses down 12% YoY due to cost cuts and prior restructuring.
Bookings $4.6M, up 12% sequentially but down from $8.1M due to large contract lapsing; backlog $2.9M.
Cash $10.5M, zero debt; automotive segment comprised 66% of bookings vs 59% for full year 2024.

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