David Marsh

Casey Ryan

George Marema

Kris Tuttle

Chris Vechavski

David Cannon

Jeff McCaffrey

- Data I/O reported **net sales of $5.4 million** for Q3 2025, which was down from Q2 2025 and flat compared to the prior year period.  **[0000351998_2218377_3]**  Global bookings for the quarter increased over **7% to $5.2 million** from Q3 2024, driven by demand for the PSV 7000 automated programming system.  **[0000351998_2218377_3]** 
- The company's gross margin was **50.7%** in Q3 2025, an increase from 49.8% in Q2 2025, attributed to a higher margin product mix and configuration of automated systems.  **[0000351998_2218377_3]**  Operating expenses for Q3 2025 were **$4.1 million**, including **$585,000** in one-time expenses for a cybersecurity incident, executive transitions, and IT initiatives.  **[0000351998_2218377_4]** 
- Data I/O is focusing on expanding its product portfolio with a refresh of its manual product line and a new next-generation program to be introduced at Productronica, with a long-term platform design cycle started this quarter.  **[0000351998_2218377_1]**  The company is also pursuing new business opportunities in adjacent markets, including services (a **$1 billion+ market**) and embedding technology in testers (a **multi-billion dollar market**).  **[0000351998_2218377_1]** **[0000351998_2218377_2]** **[0000351998_2218377_6]**  **Charlie Debona** joined as the new Chief Financial Officer.  **[0000351998_2218377_3]**

Data I/O Reports Q3 2025 Financial Results and Outlines Strategic Growth Initiatives

- Data I/O reported **net sales of $5.4 million** in the third quarter 2025, which was flat compared to the third quarter 2024 but down from **$5.9 million** in the second quarter 2025.  **[351998_afecc672a9ed43189bb89638e34c24a1_2]** 
- **Bookings grew over 7%** to **$5.1 million** in Q3 2025, up from **$4.7 million** in Q3 2024, primarily driven by demand for the PSV7000 Automated Programming System.  **[351998_afecc672a9ed43189bb89638e34c24a1_0]** **[351998_afecc672a9ed43189bb89638e34c24a1_2]** 
- The company experienced a **net loss of ($1,362,000)** or **($0.15) per share** in Q3 2025, compared to a net loss of **($307,000)** or **($0.03) per share** in Q3 2024.  **[351998_afecc672a9ed43189bb89638e34c24a1_3]** **[351998_afecc672a9ed43189bb89638e34c24a1_7]** 
- **Cash reserves were $9.7 million** at the end of the third quarter 2025, a decrease from **$10.3 million** on December 31, 2024, reflecting one-time expenses and investments.  **[351998_afecc672a9ed43189bb89638e34c24a1_3]** 
- **Charles DiBona was appointed Chief Financial Officer**, and the company engaged a boutique investment bank for **M&A** aligned with its growth strategy.  **[351998_afecc672a9ed43189bb89638e34c24a1_0]** **[351998_afecc672a9ed43189bb89638e34c24a1_1]**

DATA I/O (DAIO)