Data I/O Reports Fourth Quarter 2021 Results – Consumer Electronics Net consumerelectronicsnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from consumerelectronicsnet.com Daily Mail and Mail on Sunday newspapers.
/PRNewswire/ 2021 Highlights: All Divisions Back on Growth Trajectory Full Year Operating Income Improved $1.2 billion and AOI Up $1.3 billion (vs 2020) 35.
Data I/O Reports Third Quarter 2021 Results – Consumer Electronics Net consumerelectronicsnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from consumerelectronicsnet.com Daily Mail and Mail on Sunday newspapers.
Gross margin as a percentage of sales of 53.2%; Adjusted gross margin of 54.7%
Net loss of ($4.0) million or ($0.48) earnings per share
Adjusted EBITDA of ($366,000)
Automotive Electronics represented 53% of bookings for 2020
Deployment of over 330 PSV systems worldwide
Ended year with 15 partners and 14 supported devices for SentriX Security Deployment Platform EBITDA, Adjusted EBITDA and Adjusted gross margin are non-GAAP financial measures. A reconciliation is provided in the tables of this press release.
Management Comments
Commenting on the fiscal year ended December 31, 2020, Anthony Ambrose, President and CEO of Data I/O Corporation, said, “In the most challenging business climate in recent memory, we are pleased to have exited 2020 better positioned than how we entered the year. Data I/O’s people are healthy, our cash balance increased, our operational processes and supply chain resiliency have been optimized, our automotive electronics and security platforms hav
Live Nation Entertainment Reports Fourth Quarter & Full Year 2020 Results
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$950 Million Cost Reduction Achieved in 2020
$1.65 Billion Cash Savings Achieved in 2020
LOS ANGELES, Feb. 25, 2021 /PRNewswire/ Live Nation Entertainment, Inc. (NYSE: LYV) today released financial results for the quarter ended December 31, 2020.
As we look back on 2020, it is clearly not the year anyone predicted, but I am very proud of how Live Nation has dug in and focused on turning this challenge into an opportunity to improve our business. I want to take a moment to thank our employees for their resilience and creativity, and acknowledge all of those affected by Covid and the shutdown of live events.