Earnings Call Summary | Data I/O(DAIO.US) Q2 2024 Earnings Conference
Earnings Call Summary | Data I/O(DAIO.US) Q2 2024 Earnings Conference
The following is a summary of the Data I/O Corporation (DAIO) Q2 2024 Earnings Call Transcript:
以下是Data I/O公司(DAIO)2024年第二季度業績電話會議摘要:
Financial Performance:
金融業績:
Data I/O reported a Q2 2024 revenue of $5.1 million, a decrease of 32% from the previous year.
Gross margin was at 55%, declining from previous year levels primarily due to lower sales volumes, despite marginal improvements over Q1 due to cost controls.
Reported a net loss of $797,000 in Q2 compared to a net income of $300,000 in the second quarter of 2023 largely due to lower revenue and a foreign tax expense.
Data I/O報告2024年第二季度營業收入爲510萬美元,比去年同期下降32%。
毛利率爲55%,由於銷售量下降而下降,儘管由於成本控制的改善,較去年第一季度略有提高。
數據顯示,由於營業收入減少和外國稅收開支等原因,2024年第二季度淨虧損79.7萬美元,相比之下,2023年第二季度淨利潤爲30萬美元。
Business Progress:
業務進展:
Highlighted strong traction in new customer acquisition, adding eight new customers in Q2.
Expressed continuous development in efficiency improvements including AI and machine learning to accelerate such gains.
Discussed operational readiness with existing manufacturing capacity to meet demand for automotive electronics as market conditions improve.
Noted significant achievement with the SentriX security provisioning platform setting a record for units processed.
強調新客戶的快速增長,第二季度新增8個客戶。
表示正在不斷髮展包括AI和機器學習在內的效率提高,以加速這些進展。
討論了現有製造能力的運營準備工作,以滿足汽車電子市場條件改善帶來的需求增長。
對SentriX安全配置平台取得的重大成就表示讚賞,並創造了處理記錄。
Opportunities:
機會:
Expected to benefit from the shipping of a strong contractual backlog projected for the second half of 2024.
Emphasized opportunities in edge AI applications, particularly in sectors like automotive ADAS, IoT, and smart cities, which are expected to drive future demand.
Pointed to a firm backlog in bookings primarily from the IoT industrial and EMS markets, indicating resilient demand outside the automotive sector.
Projected a potential shift towards recovery in the automotive sector, though timing remains uncertain.
預計將受益於強勁合同積壓的發貨,預計在2024年下半年實現。
強調邊緣AI應用的機遇,尤其是在汽車ADAS、物聯網和智能城市等領域,這些領域預計將推動未來的需求增長。
指出預訂方面在物聯網工業和EMS市場存在堅實的積壓,表明汽車行業以外的需求具有彈性。
預計可能出現向汽車行業的復甦,儘管時機仍不確定。
Risks:
風險:
Acknowledged current softness and delay in demand particularly from automotive sector in North America with significant impacts on North American revenue.
Mentioned the impact of political and economic conditions potentially delaying capital investments in the automotive industry.
承認當前在北美汽車行業中需求的疲軟和延遲,對北美收入產生巨大影響。
提到政治和經濟條件對汽車行業資本投資的潛在影響,有可能導致延遲。
More details: Data I/O IR
更多詳情請參見Data I/O Investor Relations網頁。
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示:如需更全面的詳情,請參閱投資人關係網站。本文僅供投資者參考,不作任何指引或建議。
譯文內容由第三人軟體翻譯。