Quarterly ResultJul 30, 2026, 05:07 PM
Data I/O Reports Preliminary Q2 Net Sales $5.2M; Full Results Delayed
AI Summary
Data I/O Corporation announced preliminary financial results for the second quarter ended June 30, 2026, reporting net sales of $5.2 million, a 59% sequential increase. The company also achieved a gross margin of 57.1% and ended the quarter with $10.8 million in cash. The full second quarter financial results and conference call, originally scheduled for July 30, 2026, have been rescheduled to August 12, 2026, pending the completion of an accounting analysis related to a $9 million direct investment announced in May 2026.
Key Highlights
- Full Q2 2026 financial results and conference call delayed to August 12, 2026.
- Delay is due to ongoing accounting analysis of a $9 million direct investment.
- Preliminary Q2 2026 net sales were $5.2 million.
- Net sales increased 59% sequentially compared to $3.3 million in Q1 2026.
- Gross margin was 57.1% in Q2 2026, up from 49.5% in Q1 2026.
- Cash at June 30, 2026, was $10.8 million.
- Cash increased from $5.7 million on March 31, 2026, reflecting the direct investment.
Price Impact
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