secwatch.observer — SEC 8-K summary
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Issuer:     DATA I/O CORP (DAIO)
CIK:        0000351998
Form:       8-K
Filed at:   2022-02-28T23:59:59+00:00
Accession:  0001654954-22-002114
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Data I/O Q4 revenue $6.4M (+29% YoY); net loss narrows to $(0.02)/share; appoints Edward Smith to board
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- Net sales Q4 $6.4M (+29% YoY); full year $25.8M (+27% YoY); bookings $6.2M Q4, $25.5M FY.
- Net loss Q4 ($205K) or $(0.02)/share vs. ($1.6M) or $(0.20)/share prior year.
- Adjusted EBITDA Q4 $117K (vs. negative $194K); FY $1.45M (vs. negative $366K).
- Mark Gallenberger will not seek reelection; Edward J. Smith appointed to board, audit/comp/gov committees.
- Management plans double-digit bookings growth in 2022, citing automotive recovery and SentriX momentum.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/351998/000165495422002114/0001654954-22-002114-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/351998/000165495422002114/daio_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-22-002114

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer