secwatch.observer — SEC 8-K summary
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Issuer:     ONTO INNOVATION INC. (ONTO)
CIK:        0000704532
Form:       8-K
Filed at:   2021-11-04T23:59:59+00:00
Accession:  0001564590-21-054486
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Onto Innovation Q3 revenue $200.6M (+59% YoY); guides Q4 above Q3
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- Revenue $200.6M, 59% YoY growth, above guidance; GAAP EPS $0.73, non-GAAP EPS $0.98.
- Q4 guidance: revenue $210-220M, GAAP EPS $0.75-0.89, non-GAAP EPS $1.02-1.16.
- Operating margin 21% GAAP, 29% non-GAAP; gross margin 55% (up 100 bps YoY).
- Record backlog more than double year ago; cash $461.6M, up $50.7M QoQ.
- Metrology revenue from advanced logic up 95% QoQ; inspection up 21%, software up 28%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/704532/000156459021054486/0001564590-21-054486-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/704532/000156459021054486/onto-8k_20211104.htm
  HTML page:      https://secwatch.observer/filing/0001564590-21-054486

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