Data I/O Reported Q3 2022 Results after Yesterday’s Close

(24/7 MARKET NEWS) – Data I/O Corporation (NASDAQ: DAIO) reported financial results, after yesterday’s market close, for the third quarter ended September 30, 2022. Call highlights include net income of $847,000, or $0.10 per share, and Anthony Ambrose, President and CEO of Data I/O Corporation, said, “Our performance in the third quarter was outstanding as we delivered strong bookings, operating income and cash generation. For the fourth consecutive quarter, we achieved bookings in excess of $6.0 million, with third quarter 2022 bookings of $7.1 million reaching the highest level in the past year, and the highest level for the third quarter in 5 years. Backlog at the end of the 2022 third quarter of $4.9 million was at the highest level for any third quarter period in the past 10 years.

Data I/O is trading at $3.56, up $0.48 (+15.58%), on nearly 260 thousand shares.

Its 52-week range is $2.61 to $6.42. Its next significant inflection point is about $3.85 and the following resistance levels appear to be weaker, up to the $4.50 level.

24/7 MARKET NEWS, INC Disclaimer

24/7 MARKET NEWS (“24/7 MN”) is dedicated to covering various underreported segments of the stock markets. Our goal is to help you to better understand these markets, but 24/7 MN is neither an investment advisor nor a financial advisor, and no information provided here is to be interpreted as a suggestion to buy or sell stocks or other investment products. All opinions, news, research, analysis, prices or other information contained on, its press releases, or other services are provided for educational purposes only and do not constitute investment advice. You are solely responsible for the investment decisions you make.

Please go to or for further information.


Signup today for free and be the first to get notified of breaking news.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.


Sign up for Breaking Alerts, our newsletter putting timely and updated stock and crypto markets news into your hands.

Add New Playlist