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Data I/O Corporation (DAIO) Q2 2023 Earnings Call Transcript

Jul. 27, 2023 8:17 PM ETData I/O Corporation (DAIO) Stock
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Data I/O Corporation (DAIO) Q2 2023 Earnings Conference Call July 27, 2023 5:00 PM ET

Company Participants

Jordan Darrow - IR

Anthony Ambrose - President and CEO

Joel Hatlen - Vice President, COO, and CFO

Gerald Ng - Vice President of Finance

Conference Call Participants

Kevin Garrigan - WestPark Capital

David Marsh - Singular Research

Matthew Winthrop - Equitable

Chris Lukowski - Private Investor


Good afternoon and welcome to the Data I/O Second Quarter 2023 Financial Results Conference Call. All participants will be in a listen-only mode. [Operator Instructions] Please note, this event is being recorded.

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

Jordan Darrow

Thank you, operator, and welcome to the Data I/O Corporation's Second Quarter 2023 Financial Results Conference Call. With me today are the company’s President and CEO, Anthony Ambrose, and Joel Hatlen, Chief Operating Officer and Chief Financial Officer as well as Gerry Ng, Vice President of Finance.

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, silicon chip shortages, supply chain expectations, estimated impact of tax and other regulatory 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 COVID-19, including the 2022 outbreaks in China, Russian war with Ukraine, including any related international trade restrictions, along with continued reopening and recovery efforts within the relevant global supply chains and among our customer base, level of orders for the company

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