Business UpdateMay 21, 2026, 11:03 AM
Data I/O Q2 Revenue Guidance $5.0-5.4M, +50% Seq Growth; Acquisition
AI Summary
Data I/O Corporation corrected its previous release, updating its Q2 2026 sequential growth guidance from 20% to over 50%. The company announced it will present at the Planet MicroCap Las Vegas 2026 Investor Conference, where its CEO will discuss a transformative acquisition expected to nearly double annual revenues and be accretive to earnings and cash flow. The presentation will also cover a $9 million direct investment and Q2 2026 revenue guidance of $5.0-5.4 million.
Key Highlights
- Corrected Q2 sequential growth guidance from 20% to over 50%.
- Q2 2026 revenue guidance set at $5.0-5.4 million.
- Transformative acquisition expected to nearly double annual revenues.
- Acquisition anticipated to be accretive to earnings and cash flow.
- Significant direct investment of $9 million to support "The NEW Data I/O".
- CEO William Wentworth to present at Planet MicroCap Conference on June 17.
Price Impact
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