---
schema_version: "secwatch.filing_event.v1"
accession: "0000351998-23-000018"
form_type: "8-K"
ticker: "DAIO"
cik: "0000351998"
company_name: "DATA I/O CORP"
filed_at: "2023-07-28T23:59:59+00:00"
generated_at: "2026-06-12T23:21:47.654653+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Data I/O Q2 net sales $7.4M (+55% YoY), net income $300K, EPS $0.03

## Summary
- Net sales $7.4M (+55% YoY); net income $300K ($0.03 diluted EPS) vs net loss $657K in Q2 2022.
- Bookings $7.6M (+32% from Q1 2023); backlog $3.8M; automotive electronics 63% of YTD bookings.
- Gross margin 59.1% (vs 57.8% YoY); Adjusted EBITDA $869K (vs -$65K prior year).
- CFO succession: Gerald Ng to become CFO Aug 16, succeeding Joel Hatlen retiring after 32 years.
- Guidance: expects double-digit 2023 revenue growth; gross margins mid-to-high 50% range.

## SEC filing metadata
- accession: 0000351998-23-000018
- form_type: 8-K
- ticker: DAIO
- cik: 0000351998
- company_name: DATA I/O CORP
- filed_at: 2023-07-28T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/351998/000035199823000018/0000351998-23-000018-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/351998/000035199823000018/f8k-jul2023q22023results.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000351998-23-000018
- JSON: https://secwatch.observer/filing/0000351998-23-000018.json
- Plain text: https://secwatch.observer/filing/0000351998-23-000018.txt

## Key facts
- Earnings Releases
  DATA I/O CORP reported financial results for second quarter 2023.
  - Period: second quarter 2023
  - Result: reported results
  source text: A press release announcing second quarter 2023 results was made July 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/351998/000035199823000018/0000351998-23-000018-index.htm

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