{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-056963","form_type":"8-K","ticker":"ONTO","cik":"0000704532","company_name":"ONTO INNOVATION INC.","filed_at":"2024-05-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.719377+00:00","generated_at":"2026-06-02T07:32:06.017864+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Onto Innovation Q1 revenue $229M, GAAP EPS $0.94, non-GAAP $1.18; guides Q2 rev $230-240M","bullets":["Revenue $229M, at high end of guidance; GAAP EPS $0.94, non-GAAP EPS $1.18.","GAAP gross margin 52%, non-GAAP 52%; cash from operations $57M (25% of revenue).","Specialty/advanced packaging revenue record $161M; Dragonfly G3 shipments up >30% QoQ.","Q2 2024 guidance: revenue $230-240M, GAAP EPS $0.88-1.00, non-GAAP EPS $1.14-1.26."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-056963","json":"https://secwatch.observer/filing/0000950170-24-056963.json","markdown":"https://secwatch.observer/filing/0000950170-24-056963.md","text":"https://secwatch.observer/filing/0000950170-24-056963.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/704532/000095017024056963/0000950170-24-056963-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/704532/000095017024056963/onto-20240509.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T07:32:06.017864+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":"29b0aff92fe5f0994f5e33672ce74bb16e132ba7","claim":"ONTO INNOVATION INC. reported first fiscal quarter ended March 30, 2024 results: revenue $229 million. Guidance reaffirmed.","evidence_excerpt":"ONTO) (“Onto Innovation,” “Onto,” or the “Company”) today announced financial results for the first fiscal quarter of 2024. First Quarter Financial Highlights • Revenue of $229 million, driven by customer capacity expansions for high-performance computing (HPC) and high bandwidth memory (HBM) supporting AI market growth. • GAAP gross margin and non-GAAP gross","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/704532/000095017024056963/0000950170-24-056963-index.htm","confidence":0.4,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first fiscal quarter ended March 30, 2024"},{"label":"Revenue","value":"$229 million"},{"label":"Guidance","value":"reaffirmed"},{"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"}