earnings
confidence high
sentiment neutral
materiality 0.65
Onto Innovation Q1 revenue $199M, GAAP EPS $0.59; guides Q2 rev ~$203M
ONTO INNOVATION INC.
2023-Q1 EPS reported
$0.59
revenue$199,165,000
- Revenue $199M, down from $241.4M YoY; GAAP net income $29.1M vs $53.3M.
- Non-GAAP diluted EPS $0.92, down from $1.31 YoY; cash from ops $50M (25% of revenue).
- Top-3 semiconductor maker signed $90M volume purchase agreement for 2023 deliveries.
- Q2 guidance: revenue $203M ±4%, non-GAAP diluted EPS $0.75-$0.90.
- 18 power customers placed first-time orders; advanced logic revenue tied to 5nm-2nm nodes.