---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-119525"
form_type: "8-K"
ticker: "ONTO"
cik: "0000704532"
company_name: "ONTO INNOVATION INC."
filed_at: "2024-10-31T23:59:59+00:00"
generated_at: "2026-05-30T07:47:24.347306+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Onto Innovation Q3 revenue $252M, GAAP EPS $1.07; Q4 guidance $253-267M

## Summary
- Revenue $252.2M, up 22% YoY; GAAP net income $53.1M ($1.07 diluted EPS); non-GAAP EPS $1.34.
- Record inspection revenue led by Dragonfly platform; power semiconductor revenue also a record.
- Advanced nodes revenue grew >30% sequentially; GAAP gross margin 54%, non-GAAP 55%.
- Cash from operations $67M (27% of revenue); Q4 guidance: revenue $253-267M, GAAP EPS $1.04-1.19.
- Opened Packaging Applications Center of Excellence (PACE) for 2.5D/3D development.

## SEC filing metadata
- accession: 0000950170-24-119525
- form_type: 8-K
- ticker: ONTO
- cik: 0000704532
- company_name: ONTO INNOVATION INC.
- filed_at: 2024-10-31T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/704532/000095017024119525/0000950170-24-119525-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/704532/000095017024119525/onto-20241031.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-119525
- JSON: https://secwatch.observer/filing/0000950170-24-119525.json
- Plain text: https://secwatch.observer/filing/0000950170-24-119525.txt

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