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home / news releases / DAIO - Data I/O: Cyclical Upturn Finally Established? One More Quarter Will Tell

DAIO - Data I/O: Cyclical Upturn Finally Established? One More Quarter Will Tell

Data I/O Corporation

Summary

  • The company is the market leader and has multiple secular tailwinds blowing in its favor, servicing markets that show strong secular growth.
  • However, the business is still cyclical as 60% of revenues are CapEx driven, even if this is very gradually declining.
  • While Q3 figures came in very strong, with all that's going on in the economy it's too early to rejoice about an established uptrend.

For further details see:

Data I/O: Cyclical Upturn Finally Established? One More Quarter Will Tell
Stock Information
Company Name: Data I/O Corporation
Stock Symbol: DAIO
Market: NASDAQ
Website: dataio.com
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