Data I/O Reports Second Quarter 2022 Results
Net sales in the second quarter of 2022 were $4.8 million, down 40% as compared with $6.7 million in the second quarter of 2021.
- Net sales in the second quarter of 2022 were $4.8 million, down 40% as compared with $6.7 million in the second quarter of 2021.
- Second quarter 2022 bookings were $6.4 million, up from $6.2 million in the first quarter of 2022 and down from $8.9 million in the second quarter of the prior year.
- R&D expenses were $1.6 million in the second quarter of 2022 compared to $1.7 million in the second quarter of the prior year.
- Included in net loss is a foreign currency transaction gain of $130,000 for the second quarter of 2022, and a loss of ($64,000) for the second quarter of 2021.