Is DAIO's long-term earnings trend improving?

Data I/O (DAIO) has shown significant improvements in its net income over the past three years, indicating a strong trend towards profitability. 1. **Improvement in Net Income**: DAIO's net income has experienced a substantial increase from a reported $-1.12 million in 2022Q4 to $486,000 in 2023Q4. This represents a significant turnaround in the company's financial performance. 2. **Consistent Growth**: The trend towards profitability has been consistent, with no fluctuations that would suggest a potential downturn. This consistent growth is a positive indicator for investors and stakeholders. 3. **Potential for Further Improvement**: The fact that DAIO's net income has not yet reached its historical highest point suggests that there is potential for further improvement in the future. Investors may find the current trajectory encouraging, especially if they believe the company's current performance is sustainable. |code|Ticker|Name|Date|Net Income (FY) YoY|Net Income (FY)|market_code| |---|---|---|---|---|---|---| |DAIO|DAIO.O|Data I/O|2022|-101.8018018018018|-1120000|186| |DAIO|DAIO.O|Data I/O|2023|143.39285714285714|486000|186| |DAIO|DAIO.O|Data I/O|2024|-736.4197530864197|-3093000|186|