---
schema_version: "secwatch.filing_event.v1"
accession: "0000351998-23-000009"
form_type: "8-K"
ticker: "DAIO"
cik: "0000351998"
company_name: "DATA I/O CORP"
filed_at: "2023-04-28T23:59:59+00:00"
generated_at: "2026-06-16T06:51:18.844908+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Data I/O Q1 net income $95K vs loss of $1.82M; revenue up 46% to $7.2M

## Summary
- Net sales of $7.2M, up 46% YoY from $5.0M; gross margin improved to 59.5% from 46.4%.
- Net income of $95K ($0.01 diluted EPS) compared to net loss of $1.82M ($0.21 loss per share) in Q1 2022.
- Adjusted EBITDA of $502K, a $1.43M improvement from negative $932K in the prior year period.
- Automotive electronics represented 63% of Q1 bookings; 10 new customer wins; installed base of PSV systems >450.
- Cash of $11.9M, no debt; 2023 guidance reaffirmed: double-digit revenue growth, mid-to-high 50% gross margins.

## SEC filing metadata
- accession: 0000351998-23-000009
- form_type: 8-K
- ticker: DAIO
- cik: 0000351998
- company_name: DATA I/O CORP
- filed_at: 2023-04-28T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/351998/000035199823000009/0000351998-23-000009-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/351998/000035199823000009/f8k_apr2023q12023results.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000351998-23-000009
- JSON: https://secwatch.observer/filing/0000351998-23-000009.json
- Plain text: https://secwatch.observer/filing/0000351998-23-000009.txt

## Key facts
- Earnings Releases
  DATA I/O CORP reported financial results for first quarter 2023.
  - Period: first quarter 2023
  - Result: reported results
  source text: Item 2.02 Results of Operation and Financial Condition A press release announcing first quarter 2023 results was made April 27, 2023 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/351998/000035199823000009/0000351998-23-000009-index.htm

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