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Data I/O Q2 revenue $5.2M up 59% QoQ; net loss widens on interest; M&A on track
Revenue $5.2M, +59% sequentially from Q1 $3.3M; down from $5.9M YoY. Bookings $4.9M.
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Data I/O reports preliminary Q2 net sales $5.2M (+59% seq); full results delayed to Aug 12
Preliminary Q2 2026 net sales $5.2M, up 59% sequentially from $3.3M in Q1 2026.
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Data I/O converts $6.8M note into Series B Preferred after shareholder approval; 2023 Plan amended
Converted $6,825,400 note plus interest into 6,841.33 shares of Series B Convertible Preferred Stock for Lytton-Kambara and Lytton Family LLC.
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Data I/O closes $9M private placement of common stock, convertible debentures, and warrants
Raised $9M gross from institutional investors via 869,840 shares, ~$6.8M convertible debentures, and warrants for 1,080,000 shares at $3.00.
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Data I/O raises $9M in private placement of convertible debentures, stock, and warrants
Sold 869,840 shares of common stock, $6.825M convertible note (4% interest, 5-year), and warrants for 1.08M shares at $3.00 to Lytton-Kambara Foundation and Alice W. Lytton Family LLC.
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Data I/O Q1 loss widens; signs $23M acquisition LOI, raises $9M; Q2 rev guidance ~20% growth
Q1 revenue $3.3M (down 47% YoY); net loss $3.2M ($0.34/sh) vs loss $0.04/sh; adjusted EBITDA ($1.75M).
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Data I/O moves 2026 annual meeting to July 8; removes May meeting requirement
Board adopted bylaw amendment eliminating requirement that annual meeting be held in May.
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Data I/O director Douglas Brown will not stand for re-election at 2026 Annual Meeting
Douglas Brown informed Data I/O on March 5, 2026, he will not stand for re-election to the Board.
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Data I/O Q4 net sales $4.0M ($0.27 loss per share); guides to 2026 organic growth
Q4 2025 net sales $4.0M, down 23% YoY from $5.2M; full year $21.5M vs $21.8M.
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Data I/O appoints Steven Waszak to board, Edward Smith named Chair
Steven Waszak (CFO of SMTC) appointed to Data I/O board eff. Dec 3, 2025; board expands from 5 to 6.
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Data I/O reports Q3 net loss of $1.36M, revenue $5.4M flat; bookings up 7%
Net sales $5.4M unchanged YoY; net loss ($1.36M) or ($0.15)/share vs ($0.03)/share in Q3'24.
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Data I/O provides update on ransomware incident; costs estimated at $388K
Incident originated from third-party firewall vulnerability; not targeted.
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Data I/O reports ransomware incident on Aug 16; operations temporarily impacted
Ransomware attack on internal IT systems discovered August 16, 2025; response protocols activated.
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Data I/O clarifies DiBona's CFO start date; will assume role on Aug 15, 2025
Charles DiBona appointed VP Finance effective Aug 11, 2025; will become Executive Officer and CFO on Aug 15, 2025.
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Data I/O appoints Charles DiBona as CFO; Todd Henne steps down as interim CFO
Charles DiBona appointed VP, CFO, Secretary and Treasurer effective Aug 11, 2025.
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Data I/O Q2 2025 net loss $742K, revenue $5.9M; bookings up sequentially to $5.8M
Net sales $5.9M, up from $5.1M YoY but down from $6.2M in Q1 2025.
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Data I/O CFO Gerald Ng retires; Todd Henne appointed interim CFO effective May 20
CFO Gerald Y. Ng retired effective May 19, 2025; will provide transition support through Q2 2025 at current base compensation.
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Data I/O receives largest adapter order in company history valued at nearly $1M
Order from European division of a major electronics distributor; expected fulfillment by September 2025.
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Data I/O Q1 2025 net loss narrows to $0.04/sh on $6.2M revenue, sequential improvement
Net loss of $382K ($0.04 per share) vs $807K loss in Q1 2024; revenue $6.2M, up 1% YoY and 19% sequentially.
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Data I/O CFO Gerald Ng announces planned retirement in Q2 2025; successor search begun
Gerald Ng, VP and CFO, will retire in Q2 2025, timing subject to completion of pre-determined activities.
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Data I/O posts Q4 net loss of $1.2M as sales drop 25% YoY to $5.2M
Net loss ($1.2M) or ($0.13) per share vs net income $144k ($0.02) in Q4 2023.
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Data I/O appoints Garrett R. Larson to Board; joins Audit, Compensation, Governance committees
Appointed Garrett R. Larson to Board effective January 23, 2025; joins Audit, Compensation, and Governance Committees.
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Data I/O terminates CTO Rajeev Gulati and VP Marketing Michael Tidwell without cause, effective Dec 1, 2024
Rajeev Gulati, VP and CTO, terminated without cause effective Dec 1, 2024; eligible for $127,500 severance (6 months salary).
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Data I/O Q3 2024 Net Sales Down 17% to $5.4M, Net Loss $(307K) with CEO Transition
Net sales $5.4M, down 17% from $6.6M in Q3 2023; system sales declined 34%, recurring revenue up 6%.
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Data I/O names Bill Wentworth as President/CEO, succeeding retiring Anthony Ambrose
Anthony Ambrose to retire as President (Sept 1), CEO (Oct 1) and board (Oct 31); receives $347K salary continuation for 1 year.
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Data I/O posts Q2 net loss of $797K; sales drop 32% to $5.1M
Net loss of $797K ($0.09 per share) vs net income of $300K ($0.03) in Q2 2023.
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Data I/O shareholders elect all director nominees and approve say-on-pay at annual meeting
All five director nominees elected: Anthony Ambrose (4.24M for), Douglas Brown (3.38M), Sally Washlow (4.15M), Edward Smith (4.14M), William Wentworth (4.04M).
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Data I/O Q1 net loss $807K; bookings at $8.1M, revenue down 16% YoY
Net sales $6.1M (-16% YoY); bookings $8.1M (+41% YoY) and backlog $4.5M.
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Data I/O Q4 net income $144k, full-year revenue up 16% to $28.1M; returns to profitability
Q4 net sales $6.9M (down 5% YoY); full-year net sales $28.1M (up 16% from $24.2M in 2022).
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Data I/O prelim Q4 net sales $6.8M, FY23 net sales $28M (+16% YoY)
Preliminary Q4 2023 net sales of $6.8M and bookings of $7.2M.
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Data I/O Q3 revenue down 8% to $6.6M; net loss of $53K vs $847K profit a year ago
Net loss of $53K ($0.01 per share) vs net income of $847K ($0.10 per share) in Q3 2022.
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Data I/O appoints Gerald Ng as CFO effective Aug 16, 2023; Joel Hatlen retires
Gerald Ng promoted to VP of Finance on July 1, 2023, and to VP & CFO, Corporate Secretary, Treasurer effective Aug 16, 2023.
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Data I/O Q2 net sales $7.4M (+55% YoY), net income $300K, EPS $0.03
Net sales $7.4M (+55% YoY); net income $300K ($0.03 diluted EPS) vs net loss $657K in Q2 2022.
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Data I/O names Gerald Ng VP of Finance, future CFO effective August 16
Gerald Ng joins as VP Finance on July 1, 2023; becomes VP & CFO on August 16, 2023.
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Data I/O shareholders elect directors, approve equity plan increase and new 2023 plan
All five director nominees elected; broker non-votes 3,460,120 for each.
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Data I/O Q1 net income $95K vs loss of $1.82M; revenue up 46% to $7.2M
Net sales of $7.2M, up 46% YoY from $5.0M; gross margin improved to 59.5% from 46.4%.
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Data I/O Q4 net income $510k, revenue up 14% YoY; CFO Hatlen to retire in H2 2023
Q4 net sales $7.3M (+14% YoY); net income $510k ($0.06 diluted EPS) vs net loss of $205k in Q4 2021.
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Data I/O executives sign revised agreements; vesting period extended, non-disclosure updated
Four executive officers (Ambrose, Hatlen, Gulati, Tidwell) signed revised Executive Agreement on Jan 31, 2023.
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Data I/O Q3 net income surges to $847K on $7.2M sales; bookings hit 5-year high
Net income of $847K ($0.10/sh) vs $12K ($0.00/sh) in Q3 2021.
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Data I/O reports Q2 net loss $657k, sales down 40% to $4.8M, backlog record $5.8M
Net sales $4.8M (-40% YoY); net loss ($657k) or ($0.08) per share.
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Data I/O posts updated investor presentation for LD Micro Invitational XII
Presentation posted on company website on June 7, 2022 for use at June 8 conference.
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Data I/O shareholders elect all director nominees, ratify auditor, approve say-on-pay
All 5 director nominees elected: Ambrose, Brown, Washlow, Bo-Linn, Smith with 93.4% to 98.8% of votes cast.
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Data I/O Q1 revenue falls 17% to $5.0M; net loss widens to $1.8M
Net sales $5.0M, down 17% YoY; net loss $1.8M ($0.21/sh) vs loss $0.3M ($0.04/sh) in Q1 2021.
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Data I/O Shanghai facility shut down; ~$1M revenue delayed to Q2
Shanghai facility ordered closed March 29–April 5 due to COVID-19 Omicron restrictions.
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Data I/O Q4 revenue $6.4M (+29% YoY); net loss narrows to $(0.02)/share; appoints Edward Smith to board
Net sales Q4 $6.4M (+29% YoY); full year $25.8M (+27% YoY); bookings $6.2M Q4, $25.5M FY.
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Data I/O appoints Dr. Cheemin Bo-Linn to board, committees effective Dec 17, 2021
Appointed to Audit, Compensation, and Nominating & Corporate Governance Committees.
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Data I/O returns to profitability in Q3 2021; revenue up 13% YoY to $6.7M
Net sales $6.7M (+13% YoY); net income $12K ($0.00 EPS) vs net loss $707K in Q3 2020.
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Data I/O Q2 net sales up 45% to $6.7M; bookings hit 4-year high of $8.9M
Net sales $6.7M (+45% YoY); net loss narrowed to $29k from $1.057M loss.