Data I/O beats Q2 sales estimates, narrows loss on auto demand

Data I/O

24/07/2025 21:13

Overview

Data I/O Q2 sales rise to $5.9 mln from prior year, beating analysts' expectations

Net loss for Q2 narrows to $742,000 from prior year

Company receives significant order from leading global automotive EV supplier

Outlook

Company anticipates growth in high-density memory technology by 2027

Data I/O plans to announce long-term product roadmap later this year

Company sees opportunities in complex semiconductor technologies

Data I/O preparing for next-gen memory technology supporting up to 1TB UFS

Result Drivers

AUTOMOTIVE ELECTRONICS - Automotive electronics bookings rose to 66% of total, reflecting strong demand in this segment

SIGNIFICANT ORDER - Received a $1.4 mln order for 10 systems from a major Chinese EV supplier, boosting bookings

R&D INVESTMENTS - Continued R&D investments in UFS 4.0 technology to meet high-density flash application needs

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Sales
Beat
$5.95 mln
$5.33 mln (2 Analysts)
Q2 EPS
-$0.08
Q2 Net Income
-$742,000


Analyst Coverage

The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the computer hardware peer group is "buy."

Wall Street's median 12-month price target for Data I/O Corp is $5.11, about 36.6% above its July 23 closing price of $3.24

Press Release: ID:nNFC6RKFlg

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)