secwatch.observer — SEC 8-K summary
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Issuer:     ONTO INNOVATION INC. (ONTO)
CIK:        0000704532
Form:       8-K
Filed at:   2022-02-08T23:59:59+00:00
Accession:  0001564590-22-004239
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Onto Innovation Q4 revenue $226M record, EPS $0.94 GAAP (+135%), $1.23 non-GAAP; Q1 guidance $226-240M
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- Q4 revenue $225.6M record, up 12% QoQ and 45% YoY; FY revenue $788.9M, up 42% YoY.
- Q4 GAAP EPS $0.94 (+135% YoY), non-GAAP EPS $1.23 (+71% YoY); FY GAAP EPS $2.86, non-GAAP $3.86.
- Q4 gross margin 55% (vs 49% prior year); cash from operations $175M for FY.
- Q1 FY2022 guidance: revenue $226-240M, GAAP EPS $0.86-0.93, non-GAAP EPS $1.13-1.20.
- JetStep X500 orders total $100M extending through 2023 for advanced packaging.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/704532/000156459022004239/0001564590-22-004239-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/704532/000156459022004239/onto-8k_20220208.htm
  HTML page:      https://secwatch.observer/filing/0001564590-22-004239

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