AcquisitionsMay 21, 2026, 09:02 AM
Data I/O's Transformative Acquisition to Nearly Double Revenues
AI Summary
Data I/O Corporation announced it will present at the Planet MicroCap Las Vegas 2026 Investor Conference, where its President and CEO, William Wentworth, will discuss a recently announced transformative acquisition. This acquisition is expected to nearly double the company's annual revenues and be accretive to earnings and cash flow. Additionally, Data I/O revealed a significant direct investment of $9 million and provided Q2 2026 revenue guidance of $5.0-5.4 million, indicating at least 20% sequential growth.
Key Highlights
- Transformative acquisition expected to nearly double Data I/O's annual revenues.
- Acquisition is expected to be accretive to earnings and cash flow.
- Significant direct investment of $9 million to support The NEW Data I/O.
- Q2 2026 revenue guidance set at $5.0-5.4 million.
- Guidance implies a minimum of approximately 20% sequential growth from Q1.
- Company to present at Planet MicroCap Las Vegas 2026 on June 17, 2026.
Price Impact
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