---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-012766"
form_type: "8-K"
ticker: "ONTO"
cik: "0000704532"
company_name: "ONTO INNOVATION INC."
filed_at: "2024-02-08T23:59:59+00:00"
generated_at: "2026-06-06T06:03:57.030976+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Onto Innovation Q4 revenue $219M beats high end of guidance; non-GAAP EPS $1.06

## Summary
- Q4 revenue $219M above guidance; GAAP EPS $0.61, non-GAAP EPS $1.06.
- Full-year specialty/advanced packaging revenue $503M record (+14% YoY); power semiconductor revenue up 40% YoY.
- Record quarterly cash from ops $62M (28% revenue); full year cash from ops $172M (+26% YoY).
- Introduced Firefly G3 for panel substrates; JetStep X500 order from first glass substrate customer.
- Q1 2024 guidance: revenue $215-230M, non-GAAP EPS $1.00-1.20.

## SEC filing metadata
- accession: 0000950170-24-012766
- form_type: 8-K
- ticker: ONTO
- cik: 0000704532
- company_name: ONTO INNOVATION INC.
- filed_at: 2024-02-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/704532/000095017024012766/0000950170-24-012766-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/704532/000095017024012766/onto-20240208.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-012766
- JSON: https://secwatch.observer/filing/0000950170-24-012766.json
- Plain text: https://secwatch.observer/filing/0000950170-24-012766.txt

## Key facts
- Earnings Releases
  ONTO INNOVATION INC. reported fiscal fourth quarter and full year ended December 30, 2023 results: revenue $219 million, net income $30 million, EPS $0.61.
  - Period: fiscal fourth quarter and full year ended December 30, 2023
  - Revenue: $219 million
  - Net income: $30 million
  - EPS: $0.61
  - Result: reported results
  source text: specific reference in such filing. --- EX-99.1 (EX-99.1) --- EX-99.1 EXHIBIT 99.1 Onto Innovation Reports 2023 Fourth Quarter and Full Year Results Fourth quarter revenue of $219 million exceeded high end of guidance range Wilmington, Mass ., February 8, 2024 – Onto Innovation Inc. (NYSE: ONTO) (“Onto Innovation,” “Onto,” or the “Company”) today announced
  evidence_url: https://www.sec.gov/Archives/edgar/data/704532/000095017024012766/0000950170-24-012766-index.htm

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