REDMOND, WA – Data I/O today reported third-quarter 2009 revenues were $5.3 million, down 32.1% compared to the third quarter of 2008, and up 26.4% sequentially.
Net income was $331,000, down 72.4% compared to the third quarter last year.
"While orders were down from the third quarter of last year in all geographies, we were pleased to see a 37% growth in orders over the second quarter of 2009, with growth in all geographies," said Fred Hume, president and CEO. “At the start of the fourth quarter, we are seeing progressively stronger sales funnels worldwide."
Data I/O provides manual and automated device programming systems.