REDMOND, WA – Data I/O Corp. today reported third-quarter 2010 revenue of $6.6 million, up 24% year-over-year.
Sales in Asia doubled compared to the third quarter in 2009.
On a product basis, sales were especially strong for the firm’s automated systems, up 40%.
Net income for the quarter increased 152% to $833,000 compared to the same period last year.
Year-to-date revenue was $19.4 million, up 43% year-over-year. Net income year-to-date was $2.4 million, compared to a net loss of $816,000.
Moving forward, the firm expects significant levels of activity in consumer, wireless and automotive.
Data I/O provides manual and automated device programming systems.