secwatch.observer — SEC 8-K summary
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Issuer:     ONTO INNOVATION INC. (ONTO)
CIK:        0000704532
Form:       8-K
Filed at:   2022-10-27T23:59:59+00:00
Accession:  0001564590-22-035448
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 $254M (+27% YoY); GAAP EPS $1.05, non-GAAP $1.35; guides Q4 revenue $244-256M
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- Revenue $254M (+27% YoY); gross margin 55%; GAAP operating income $59M; non-GAAP operating income $78M.
- GAAP diluted EPS $1.05 (+44% YoY); Non-GAAP diluted EPS $1.35 (+38% YoY).
- Q4 guidance: revenue $244-256M; GAAP EPS $0.97-1.12; non-GAAP EPS $1.25-1.40.
- Repurchased 171,900 shares for $11.5M in September; returned capital to shareholders.
- Process control revenue from compound semiconductor +25% QoQ; advanced node revenue record +17% QoQ.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/704532/000156459022035448/0001564590-22-035448-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/704532/000156459022035448/onto-8k_20221027.htm
  HTML page:      https://secwatch.observer/filing/0001564590-22-035448

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