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Data I/O Is In A Firm Down-Cycle

August 8th, 2019 · No Comments

  • Data I/O is experiencing the worst cyclical downturn since 2012-2013, according to its CEO.
  • Yet, the company is weathering this downturn much better than previous ones due to a greatly reduced cost level.
  • While things might bet worse before they get better, as ever more electronics is going into ever more stuff, the company has a secular tailwind blowing.
  • Over 40% of its market cap is cash, and slowly but surely the SentriX is gaining ground, opening a new market and reducing cyclicality.

Source: Data I/O Is In A Firm Down-Cycle – Data I/O Corporation (NASDAQ:DAIO) | Seeking Alpha

Tags: DAIO