Data I/O Corporation reported second quarter 2026 results with revenues of $5.2 million, a 59% sequential increase from the first quarter's $3.3 million. Bookings reached $4.9 million, and gross margin improved to 57.0%. The company incurred a net loss of $1.6 million ($0.17 per share), driven by $873,000 in interest expense from June convertible debt, though adjusted EBITDA was near breakeven at negative $488,000 excluding one-time costs. Cash balances rose to $10.8 million following a $9 million direct investment closed in May and subsequent conversion of the convertible debenture into preferred equity. Strategic progress includes extending exclusivity for a transformational acquisition through August 31, 2026, and announcing an intent to acquire IAR’s embedded software security IP. Data I/O Corporation operates in the semiconductor equipment industry, providing data programming and security provisioning solutions for microcontrollers and memory devices.

Data I/O Corporation announced preliminary second quarter 2026 financial results and rescheduled its full earnings release and conference call to August 12, 2026. The delay is due to an ongoing independent accounting and valuation analysis regarding the treatment of a $9 million direct investment made in May 2026. Preliminary net sales for the quarter ended June 30, 2026, were $5.2 million, representing a 59% sequential increase from $3.3 million in the first quarter. Gross margin improved to 57.1% from 49.5%. Cash holdings rose to $10.8 million at June 30, up from $5.7 million on March 31, reflecting net proceeds from the May investment. Data I/O Corporation operates in the semiconductor and electronics manufacturing industry, providing data programming and security provisioning solutions for microcontrollers and memory devices.

At its 2026 Annual Meeting of Shareholders on July 8, 2026, Data I/O Corporation announced that a $6,825,400 convertible debenture held by a group of Investors (Lytton-Kambara Foundation and Alice W. Lytton Family LLC) has automatically converted into 6,841.33 shares of Series B Convertible Preferred Stock. Shareholders also approved the 2026 Amendment to the 2023 Plan to increase the shareholders' reserved shares for issuance under the share plan. Data I/O Corporation is a provider of semiconductor-related testing and data management software and hardware solutions for the semiconductor industry.

Data I/O Corporation closed a $9 million private placement with Lytton-Kambara Foundation and Alice W. Lytton Family LLC, involving the issuance of 869,840 shares of common stock, $6,825,400 in convertible debentures, and warrants for 1,080,000 shares. The five-year Note bears 4.0% interest per annum, payable semiannually, and may convert to Series B Convertible Preferred Stock at $1,000 per share. The warrants are exercisable at $3.00 per share for five years. Data I/O Corporation is a provider of semiconductor testing and data management solutions.