secwatch.observer — SEC 8-K summary
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Issuer:     ONTO INNOVATION INC. (ONTO)
CIK:        0000704532
Form:       8-K
Filed at:   2025-05-08T23:59:59+00:00
Accession:  0000950170-25-066927
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Onto Innovation posts record Q1 revenue of $267M; GAAP EPS $1.30, non-GAAP EPS $1.51
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- Revenue $267M, seventh consecutive quarterly record; up 17% YoY vs. $229M.
- GAAP gross margin 54%; non-GAAP gross margin 55%; record cash from ops $92M (35% of revenue).
- Advanced nodes revenue doubled QoQ; Iris film metrology revenue up >25% QoQ.
- Q2 guidance: revenue $240-260M, GAAP EPS $0.99-1.13, non-GAAP EPS $1.21-1.35.
- Shipped multiple 3D bump metrology systems; expanding customer list and applications.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/704532/000095017025066927/0000950170-25-066927-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/704532/000095017025066927/onto-20250508.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-066927

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer