Earnings Call Summary | Data I/O(DAIO.US) Q1 2024 Earnings Conference
Earnings Call Summary | Data I/O(DAIO.US) Q1 2024 Earnings Conference
The following is a summary of the Data I/O Corporation (DAIO) Q1 2024 Earnings Call Transcript:
以下是数据输入输出公司（DAIO）2024年第一季度财报电话会议记录的摘要：
Financial Performance:
财务业绩：
Data I/O Corporation had Q1 bookings worth $8.1 million, marking an eleven-quarter high.
They reported Q1 revenues of $6.1 million.
Ended the quarter with a robust backlog of $4.5 million expected to be recognized as revenue in H2 2024.
The company boasts $12 million in cash and zero debt.
Q1 gross margins were at 53%, down from the previous year due to lower sales volume and a shift in product mix.
Data I/O Corporation第一季度的预订量为810万美元，创下了第十一个季度的新高。
他们报告第一季度收入为610万美元。
本季度末，450万美元的强劲积压资金预计将在2024年下半年确认为收入。
该公司拥有1200万美元的现金和零债务。
由于销量下降和产品结构的变化，第一季度的毛利率为53％，较上年有所下降。
Business Progress:
业务进展：
There has been a geographical shift in business, with increased strength in the EMEA region and Asia.
North America may be experiencing reduced demand.
Key sectors like edge AI, IoT, healthcare monitoring and smart factory automation have seen significant adoption of their tools.
Wins in the ADAS and steady automotive sales were seen in Q1.
Anticipate more demand for data programming driven by Edge AI.
Expect to return to mid to high 80% range in gross margins and double-digit growth in bookings in 2024, with most system deployments occurring in H2.
业务发生了地域变化，欧洲、中东和非洲地区和亚洲的实力增强。
北美的需求可能正在减少。
边缘人工智能、物联网、医疗监控和智能工厂自动化等关键领域的工具已被大量采用。
第一季度ADAS取得了成功，汽车销量保持稳定。
预测由 Edge AI 驱动的数据编程的更多需求。
预计到2024年，毛利率将恢复到80％的中高水平，预订量将达到两位数的增长，大多数系统部署将在下半年进行。
More details: Data I/O IR
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