---
schema_version: "secwatch.filing_event.v1"
accession: "0000351998-22-000015"
form_type: "8-K"
ticker: "DAIO"
cik: "0000351998"
company_name: "DATA I/O CORP"
filed_at: "2022-10-31T23:59:59+00:00"
generated_at: "2026-06-22T22:02:47.193124+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Data I/O Q3 net income surges to $847K on $7.2M sales; bookings hit 5-year high

## Summary
- Net income of $847K ($0.10/sh) vs $12K ($0.00/sh) in Q3 2021.
- Net sales $7.2M, up 7% YoY; bookings $7.1M, highest Q3 in 5 years.
- Gross margin 57.0% vs 60.7% due to strong US dollar; adjusted EBITDA $1.4M.
- Automotive electronics represented 70% of Q3 bookings; backlog $4.9M, highest Q3 in 10 years.
- Cash $11.0M, no debt; expects to ship majority of backlog in Q4 with mid-50s gross margin.

## SEC filing metadata
- accession: 0000351998-22-000015
- form_type: 8-K
- ticker: DAIO
- cik: 0000351998
- company_name: DATA I/O CORP
- filed_at: 2022-10-31T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/351998/000035199822000015/0000351998-22-000015-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/351998/000035199822000015/f8k_october2022q3results.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000351998-22-000015
- JSON: https://secwatch.observer/filing/0000351998-22-000015.json
- Plain text: https://secwatch.observer/filing/0000351998-22-000015.txt

## Key facts
- Earnings Releases
  DATA I/O CORP reported financial results for third quarter 2022.
  - Period: third quarter 2022
  - Result: reported results
  source text: A press release announcing third quarter 2022 results was made October 27, 2022 and a copy of the release is being furnished as Exhibit 99.0 in this current report.
  evidence_url: https://www.sec.gov/Archives/edgar/data/351998/000035199822000015/0000351998-22-000015-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.