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Data I/O Corporation (DAIO) CEO Anthony Ambrose on Q2 2021 Results - Earnings Call Transcript

Aug. 01, 2021 6:11 AM ETData I/O Corporation (DAIO)
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Data I/O Corporation (DAIO) Q2 2021 Earnings Conference Call July 29, 2021 5:00 PM ET

Company Participants

Jordan Darrow - Darrow Associates, Investor Relations

Anthony Ambrose - President & Chief Executive Officer

Joel Hatlen - Vice President, Chief Operating Officer & Chief Financial Officer

Conference Call Participants

Jaeson Schmidt - Lake Street

Orin Hirschman - AIGH Investment Partners

Dave Kanen - Kanen Wealth Management


Good afternoon and welcome to the Data I/O Corporation Second Quarter 2021 Financial Results. All participants will be in a listen-only mode. [Operator Instructions] Please note, that this event is being recorded.

I'd now like to turn the conference over to Jordan Darrow, Investor Relations. Please go ahead.

Jordan Darrow

Thank you and welcome everyone. This is the Data I/O Corporation second quarter 2021 financial results conference call. With me today are Anthony Ambrose, President and Chief Executive Officer of Data I/O Corporation and Joel Hatlen, Chief Operating Officer and Chief Financial Officer of Data I/O.

Before we begin, I'd like to remind you that statements made in this conference call concerning COVID-19, future revenues, results from operations, financial position, markets, economic conditions, estimated impact of tax reform, product releases, new industry partnerships and any other statements that may be construed as a prediction of future performance or events are forward-looking statements, which involve known and unknown risks, uncertainties and other factors which may cause actual results to differ materially from those expressed or implied by such statements.

These factors include uncertainties as to the impact from the COVID-19 pandemic, along with continued reopening and recovery efforts within the supply chain and among our customer base, levels of orders for the company and the activity level of the automotive and semiconductor industry overall, ability to record revenues based upon the timing of product deliveries and installations, market acceptance of

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