secwatch.observer — SEC 8-K summary
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Issuer:     DATA I/O CORP (DAIO)
CIK:        0000351998
Form:       8-K
Filed at:   2021-07-30T23:59:59+00:00
Accession:  0000351998-21-000012
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Data I/O Q2 net sales up 45% to $6.7M; bookings hit 4-year high of $8.9M
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- Net sales $6.7M (+45% YoY); net loss narrowed to $29k from $1.057M loss.
- Bookings $8.9M (+79% YoY), highest in 4 years; backlog $5.0M.
- Gross margin 57.0% vs 52.4% prior year; adjusted EBITDA $597k vs -$231k.
- Automotive electronics comprised 56% of bookings; first SentriX system sold for AI.
- Cash $13.0M, no debt; recurring/consumable revenue $2.6M (+19% YoY).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/351998/000035199821000012/0000351998-21-000012-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/351998/000035199821000012/f8k_2021q2results.htm
  HTML page:      https://secwatch.observer/filing/0000351998-21-000012

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer