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Data I/O Reports Fourth Quarter 2020 Results – Consumer Electronics Net


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 ....

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Mega Image Keeps Expansion Pace, Ends Year with New Sales Growth


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