---
schema_version: "secwatch.filing_event.v1"
accession: "0000351998-24-000020"
form_type: "8-K"
ticker: "DAIO"
cik: "0000351998"
company_name: "DATA I/O CORP"
filed_at: "2024-07-26T23:59:59+00:00"
generated_at: "2026-05-31T16:04:10.517517+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Data I/O posts Q2 net loss of $797K; sales drop 32% to $5.1M

## Summary
- Net loss of $797K ($0.09 per share) vs net income of $300K ($0.03) in Q2 2023.
- Revenue $5.1M, down 32% YoY; bookings $5.6M, down from $7.6M.
- Adjusted EBITDA nearly breakeven at $3K vs $870K in prior year.
- Operating expenses reduced 21% YoY to $3.3M; gross margin 54.5%.
- Backlog rose to $5.4M from $4.5M at Q1 2024; cash $11.4M, no debt.

## SEC filing metadata
- accession: 0000351998-24-000020
- form_type: 8-K
- ticker: DAIO
- cik: 0000351998
- company_name: DATA I/O CORP
- filed_at: 2024-07-26T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/351998/000035199824000020/0000351998-24-000020-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/351998/000035199824000020/f8k_q22024results1.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000351998-24-000020
- JSON: https://secwatch.observer/filing/0000351998-24-000020.json
- Plain text: https://secwatch.observer/filing/0000351998-24-000020.txt

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