Data I/O Q1 Revenue Plummets 47%, EPS Loss Widens 750%
DAIO sits 48% above its 52-week low of $2.16 on elevated volume (7.7× avg).
Summary
Data I/O Corporation reported significantly weaker first-quarter 2026 results, with revenue plummeting 47.4% year-over-year to $3.25 million and diluted EPS widening dramatically to a loss of ($0.34) from ($0.04) in the prior year, representing a 750% increase in net loss. These poor operational results follow recent positive news from May 14th of a $9 million direct investment and a $23 million acquisition, which were expected to improve the company's financial position and growth trajectory. The substantial decline in core business performance, despite strategic initiatives like a new partnership and cost realignments, indicates persistent underlying challenges. Traders will need to weigh these disappointing earnings against the potential future benefits of the recently announced financing and acquisition, which are intended to nearly double revenues. The market will be watching for signs that the new strategic moves can reverse the current negative financial trends.
At the time of this announcement, DAIO was trading at $3.20 on NASDAQ in the Technology sector, with a market capitalization of approximately $30.1M. The 52-week trading range was $2.16 to $3.57. This news item was assessed with negative market sentiment and an importance score of 8 out of 10. Source: Wiseek News.