Can anything shut down the Gold rally?
REDMOND, WASHINGTON - Data I/O Corporation (NASDAQ:DAIO), a company with a strong financial foundation boasting a current ratio of 4.06 and more cash than debt on its balance sheet, has launched two refreshed manual programmers, the LumenX-M8 and FlashCORE III-M4, as part of its new Unified Programming Platform Strategy, according to a company press release issued Monday.
The programmers are designed to support semiconductor programming from design through production on a single platform, allowing customers to create and validate programming jobs during the design phase before transitioning to automated systems for volume manufacturing.
"Our refreshed manual programmers enable Data I/O to support customers through every stage of their preprogrammed supply chain," said William Wentworth, President and CEO of Data I/O Corporation.
The company plans to demonstrate these programmers at several international trade shows throughout September, including FIEE in Brazil (September 9-12), productronica India (September 17-19), SMTA Guadalajara Expo (September 17-18), and SMT Worldwide Tech Days in Barcelona (September 23-25).
Data I/O Corporation, which has been developing programming solutions since 1972, specializes in security deployment and programming solutions for various electronic devices across automotive, Internet-of-Things, medical, and other sectors.
The announcement represents the company’s effort to provide a consistent programming environment across different stages of product development and manufacturing processes.
In other recent news, Data I/O Corporation reported its financial results for the second quarter of 2025, presenting a mixed outcome. The company achieved a revenue of $5.95 million, surpassing the expected $5.33 million, which represents an 11.63% surprise. However, the earnings per share (EPS) showed a loss of $0.08, which was below the anticipated loss of $0.05. Additionally, Data I/O Corporation successfully resolved a ransomware incident that was initially detected on August 16, 2025, with no impact on revenue. The cybersecurity breach was linked to a vulnerability in a third-party firewall service, and the company has since restored all systems globally. In leadership updates, Data I/O announced the appointment of Charles "Charlie" DiBona as the new Vice President and Chief Financial Officer. DiBona takes over from Interim CFO Todd Henne, who will assist with the transition. These developments highlight significant operational and leadership changes within the company.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.