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                                    FORM 10-K/A-1

                          SECURITIES AND EXCHANGE COMMISSION
                                 WASHINGTON, DC 20549

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                 [X] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF
                  THE SECURITIES EXCHANGE ACT OF 1934 [FEE REQUIRED]
                        FOR THE FISCAL YEAR ENDED MAY 31, 1997
                                          OR
             [  ]TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
                  SECURITIES EXCHANGE ACT OF 1934 [NO FEE REQUIRED]
                   FOR THE TRANSITION PERIOD FROM ______ TO ______

                            COMMISSION FILE NUMBER 1-13402

                                  INPUT/OUTPUT, INC.
                (EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)

          DELAWARE                                               22-2286646
(STATE OR OTHER JURISDICTION OF                               (I.R.S. EMPLOYER
 INCORPORATION OR ORGANIZATION)                              IDENTIFICATION NO.)

11104 WEST AIRPORT BLVD., STAFFORD, TEXAS                          77477
(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES)                         (ZIP CODE)

          REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE: (281) 933-3339

             SECURITIES REGISTERED PURSUANT TO SECTION 12(b) OF THE ACT:

COMMON STOCK, $0.01 PAR VALUE                  NEW YORK STOCK EXCHANGE
      (TITLE OF CLASS)               (NAME OF EACH EXCHANGE ON WHICH REGISTERED)

             SECURITIES REGISTERED PURSUANT TO SECTION 12(g) OF THE ACT:
                                         NONE

Indicate by check mark whether the registrant (1) has filed all reports 
required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 
1934 during the preceding 12 months (or for such shorter period that the 
registrant was required to file such reports), and (2) has been subject to 
such filing requirements for the past 90 days. Yes: [X]  No: [ ]

Indicate by check mark if disclosure of delinquent filers pursuant to Item 
405 of Regulation S-K is not contained herein, and will not be contained, to 
the best of registrant's knowledge, in definitive proxy or information 
statements incorporated by reference in Part III of this Form 10-K or any 
amendment to this Form 10-K. [ ]

Aggregate market value of the voting and non-voting common equity held by 
non-affiliates of the registrant at June 30, 1997 (for purposes of the 
below-stated amount only, all directors, officers and 5% or more stockholders 
are presumed to be affiliates):
                                 $716,633,000

Indicate the number of shares outstanding of the registrant's classes of 
Common Stock, as of the latest practicable date.

    TITLE OF EACH CLASS                       NUMBER OF SHARES OUTSTANDING
      OF COMMON STOCK                               AT JUNE 30, 1997
    -------------------                       ----------------------------
COMMON STOCK, $0.01 PAR VALUE                          43,222,851

                         DOCUMENTS INCORPORATED BY REFERENCE

Portions of the definitive Proxy Statement for the Registrant's 1997 Annual 
Meeting of Stockholders are incorporated by reference into Part III hereof.

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                                   PART IV

ITEM 14. EXHIBITS, FINANCIAL STATEMENT SCHEDULES AND REPORTS ON FORM 8-K:

       (3)  Exhibits:
          
               23.1 --Consent of KPMG Peat Marwick LLP

               99.1 --Information, Financial Statements and Exhibits required by
                      Form 11-K for the Input/Output, Inc. Employee Stock 
                      Purchase Plan