{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-041317","form_type":"8-K","ticker":"ONTO","cik":"0000704532","company_name":"ONTO INNOVATION INC.","filed_at":"2023-08-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.445803+00:00","generated_at":"2026-06-11T19:52:09.314292+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Onto Innovation Q2 revenue falls 26% to $191M, non-GAAP EPS $0.79; guides Q3 $205-225M","bullets":["Revenue $190.7M, down 26% YoY from $256.3M; GAAP EPS $0.53, non-GAAP $0.79.","Three lithography system shipments delayed to add customer-specific enhancements, reducing quarterly revenue.","Inspection revenue for AI heterogeneous packaging and HBM >$20M; specialty/advanced packaging up >20% QoQ; power up >35% QoQ.","Q3 guidance: revenue $205-225M, GAAP EPS $0.59-0.79, non-GAAP EPS $0.85-1.05."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-041317","json":"https://secwatch.observer/filing/0000950170-23-041317.json","markdown":"https://secwatch.observer/filing/0000950170-23-041317.md","text":"https://secwatch.observer/filing/0000950170-23-041317.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/704532/000095017023041317/0000950170-23-041317-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/704532/000095017023041317/onto-20230810.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T19:52:09.314292+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"07474f96dd67730bac89a2c86333dff544f1fa4f","claim":"ONTO INNOVATION INC. reported fiscal second quarter ended July 1, 2023 results: revenue $191 million, net income GAAP net income of $26 million, EPS GAAP diluted earnings per share of $0.53.","evidence_excerpt":"Quarter Financial Highlights • Expected revenue reduced by three lithography system shipments that were delayed to add a customer-specific enhancement package, resulting in $191 million quarterly revenue. • GAAP gross margin and non-GAAP gross margin of 53%. • GAAP operating income of $25 million and GAAP net income of $26 million. • Non-GAAP operating income of","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/704532/000095017023041317/0000950170-23-041317-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal second quarter ended July 1, 2023"},{"label":"Revenue","value":"$191 million"},{"label":"Net income","value":"GAAP net income of $26 million"},{"label":"EPS","value":"GAAP diluted earnings per share of $0.53"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}