---
schema_version: "secwatch.filing_event.v1"
accession: "0000351998-24-000024"
form_type: "8-K"
ticker: "DAIO"
cik: "0000351998"
company_name: "DATA I/O CORP"
filed_at: "2024-10-25T23:59:59+00:00"
generated_at: "2026-05-30T10:12:28.567545+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Data I/O Q3 2024 Net Sales Down 17% to $5.4M, Net Loss $(307K) with CEO Transition

## Summary
- Net sales $5.4M, down 17% from $6.6M in Q3 2023; system sales declined 34%, recurring revenue up 6%.
- Net loss ($307K) or ($0.03) per share compared to net loss ($53K) or ($0.01) per share in Q3 2023.
- CEO William Wentworth appointed Oct 1, 2024; focus on customer experience, product portfolio, and market diversification.
- Adjusted EBITDA (excluding equity comp) was $37K in Q3 2024, down from $402K in Q3 2023.
- Cash $12.4M, no debt; inventories $6.6M, net working capital $17.6M.

## SEC filing metadata
- accession: 0000351998-24-000024
- form_type: 8-K
- ticker: DAIO
- cik: 0000351998
- company_name: DATA I/O CORP
- filed_at: 2024-10-25T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/351998/000035199824000024/0000351998-24-000024-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/351998/000035199824000024/f8k_q32024results.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000351998-24-000024
- JSON: https://secwatch.observer/filing/0000351998-24-000024.json
- Plain text: https://secwatch.observer/filing/0000351998-24-000024.txt

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