---
schema_version: "secwatch.filing_event.v1"
accession: "0000351998-23-000022"
form_type: "8-K"
ticker: "DAIO"
cik: "0000351998"
company_name: "DATA I/O CORP"
filed_at: "2023-10-30T23:59:59+00:00"
generated_at: "2026-06-09T06:17:14.490533+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Data I/O Q3 revenue down 8% to $6.6M; net loss of $53K vs $847K profit a year ago

## Summary
- Net loss of $53K ($0.01 per share) vs net income of $847K ($0.10 per share) in Q3 2022.
- Gross margin fell to 53.7% from 57.0%; Adjusted EBITDA dropped to $402K from $1.43M.
- Bookings were $5.3M, down from $7.1M in Q3 2022; backlog $2.5M; cash $11.9M, no debt.
- Automotive electronics represented 63% of year-to-date bookings; 4 new customer wins including a major solar energy SentriX customer.
- 2023 outlook: double-digit revenue growth, gross margins mid-to-high 50%, higher operating expenses.

## SEC filing metadata
- accession: 0000351998-23-000022
- form_type: 8-K
- ticker: DAIO
- cik: 0000351998
- company_name: DATA I/O CORP
- filed_at: 2023-10-30T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- 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/351998/000035199823000022/0000351998-23-000022-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/351998/000035199823000022/f8k-oct2023q32023.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000351998-23-000022
- JSON: https://secwatch.observer/filing/0000351998-23-000022.json
- Plain text: https://secwatch.observer/filing/0000351998-23-000022.txt

## Key facts
- Earnings Releases
  DATA I/O CORP reported financial results for third quarter 2023.
  - Period: third quarter 2023
  - Result: reported results
  source text: A press release announcing third quarter 2023 results was made October 26, 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/351998/000035199823000022/0000351998-23-000022-index.htm

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