---
schema_version: "secwatch.filing_event.v1"
accession: "0000351998-24-000004"
form_type: "8-K"
ticker: "DAIO"
cik: "0000351998"
company_name: "DATA I/O CORP"
filed_at: "2024-02-23T23:59:59+00:00"
generated_at: "2026-06-05T17:44:17.247827+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Data I/O Q4 net income $144k, full-year revenue up 16% to $28.1M; returns to profitability

## Summary
- Q4 net sales $6.9M (down 5% YoY); full-year net sales $28.1M (up 16% from $24.2M in 2022).
- Q4 net income $144k ($0.02 diluted EPS) vs $510k in Q4 2022; full-year net income $486k vs net loss of $1.12M.
- Gross margin improved: Q4 58.0%, full year 57.7% vs 55.5% and 54.5% respectively.
- Full-year bookings $25.8M (down 2%); Q4 bookings $7.2M (up 6% YoY); backlog $2.8M; cash $12.3M, no debt.
- 2024 outlook: double-digit bookings growth, gross margins mid-to-high 50%, operating expenses flat to moderately lower.

## SEC filing metadata
- accession: 0000351998-24-000004
- form_type: 8-K
- ticker: DAIO
- cik: 0000351998
- company_name: DATA I/O CORP
- filed_at: 2024-02-23T23:59:59+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/351998/000035199824000004/0000351998-24-000004-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/351998/000035199824000004/f8k-febq42023results.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000351998-24-000004
- JSON: https://secwatch.observer/filing/0000351998-24-000004.json
- Plain text: https://secwatch.observer/filing/0000351998-24-000004.txt

## Key facts
- Earnings Releases
  DATA I/O CORP reported financial results for fourth quarter 2023.
  - Period: fourth quarter 2023
  - Result: reported results
  source text: A press release announcing fourth quarter 2023 results was made February 22, 2024
  evidence_url: https://www.sec.gov/Archives/edgar/data/351998/000035199824000004/0000351998-24-000004-index.htm

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