Data I/O SentriX Sale Breakthrough

  • Q2 confirmed the cyclical upturn which we announced earlier, with all-round good figures in the quarter.
  • We think we’re still in the early innings of this cyclical upturn, although there are some risks from the pandemic, shortages and price increases of parts.
  • However, the company is slowly becoming less cyclical with recurring revenue creeping up as a percentage of sales.
  • The company’s position and TAM are also increasing.
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